35 Woodcrest Dr NFargoND58102
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 35 Woodcrest Dr N, Fargo, ND, 58102 with 5% annual appreciation on a $379,900 basis while $2,476/mo rent supports operations. Total monthly income totals $2,476/mo and a $1,859/mo payment preserves $164/mo for cash returns. Annual cash flow comes to $1,971/yr on $125,937 deployed, and return on cash invested reaches 21.47% in year one. Equity gained on principal adds $2,451/yr, and five-year appreciation sums $104,959 alongside rental yield of 7.82%. Five-year ROI measures 111.12% and total cumulative return in cash totals $139,937.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,476/mo property income versus a $1,859/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
0.26 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nick Bjornstad • Kvamme Real Estate
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7000135