6002 66th St 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 6002 66th St S, Fargo, ND, 58104 listed at $455,000 pairs $3,215/mo rent with a $2,227/mo payment to leave $446/mo cash flow. Total monthly income runs $3,215/mo, and annual cash flow reaches $5,349/yr on $150,833 cash to close. Return on cash invested measures 23.46% in year one, and rental yield registers 8.48% at a $455,000 basis. Equity gained on principal adds $2,936/yr, and annual property appreciation at 5% supports $125,708 by year five. Five-year ROI tracks 121.73% and total cumulative return in cash totals $183,604. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,215/mo property income relative to a $2,227/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
8,712 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kirsten Herman • REAL (1531 FGO)
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6761232