322 Forest Ave NFargoND58102
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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 322 Forest Ave N, Fargo, ND, 58102 at $325,000 posts ROI 25.33% with $487/mo cash flow from $2,465/mo rent. Total monthly income equals $2,465/mo, and annual cash flow records $5,841/yr on $107,738 to close. Return on cash invested measures 25.33% and rental yield reads 9.1% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 131.79% and total cumulative return in cash totals $141,985.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,465/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58102, Fargo, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,460 (100%) |
| Owner Occupied HU | 6,907 (39.6%) |
| Renter Occupied HU | 8,453 (48.4%) |
| Vacant Housing Units | 2,100 (12.0%) |
| Median Home Value | $273,940 |
| Average Home Value | $333,973 |
Housing Distribution
Address Breakdown
Residential
15,868
Single Family
9,072
Multi-Family
6,796
Businesses
1,384
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