57 N Ter 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 57 N Ter N, Fargo, ND, 58102 with 5% annual appreciation on a $205,000 basis while $1,968/mo rent supports operations. Total monthly income totals $1,968/mo and a $1,003/mo payment preserves $721/mo for cash returns. Annual cash flow comes to $8,649/yr on $67,958 deployed, and return on cash invested reaches 32.64% in year one. Equity gained on principal adds $1,323/yr, and five-year appreciation sums $56,638 alongside rental yield of 11.52%. Five-year ROI measures 170.96% and total cumulative return in cash totals $116,178.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,968/mo property income versus a $1,003/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
6,098 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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Listed by: John Hagen • eXp Realty (219 WF)
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6775920