2970 Prairie Farms Cir SFargoND58104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Fargo at 2970 Prairie Farms Cir S, Fargo, ND, 58104 listed at $940,000 pairs $1,748/mo rent with a $4,601/mo payment. Total monthly income runs $1,748/mo. Return on cash invested measures 4.64% in year one, and rental yield registers 2.23% at a $940,000 basis. Equity gained on principal adds $6,066/yr, and annual property appreciation at 5% supports $259,705 by year five. Five-year ROI tracks 20.81% and total cumulative return in cash totals $64,350. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,748/mo property income relative to a $4,601/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58104, Fargo, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,395 (100%) |
| Owner Occupied HU | 10,926 (44.8%) |
| Renter Occupied HU | 11,398 (46.7%) |
| Vacant Housing Units | 2,071 ( 8.5%) |
| Median Home Value | $384,872 |
| Average Home Value | $466,708 |
Housing Distribution
Address Breakdown
Residential
24,157
Single Family
12,616
Multi-Family
11,541
Businesses
1,114
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Listed by: Will Foss • Park Co., REALTORS
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6656169
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