300 Main Ave #615FargoND58103
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 300 Main Ave #615, Fargo, ND, 58103 offers a 7.22% rental yield on a $404,700 purchase with $2,434/mo rent. 65% in year one. Equity gained on principal adds $2,611/yr while 5% annual appreciation supports $111,811 over five years. Portfolio math shows five-year ROI at 101.3% and total cumulative return in cash at $135,903. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,434/mo property income against a $1,981/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58103, Fargo, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,913 (100%) |
| Owner Occupied HU | 9,697 (37.4%) |
| Renter Occupied HU | 14,163 (54.7%) |
| Vacant Housing Units | 2,053 ( 7.9%) |
| Median Home Value | $259,272 |
| Average Home Value | $322,801 |
Housing Distribution
Address Breakdown
Residential
23,421
Single Family
10,596
Multi-Family
12,825
Businesses
2,042
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A