646 Santa Cruz #353FargoND58103
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 646 Santa Cruz #353, Fargo, ND, 58103 offers a 11.36% rental yield on a $156,600 purchase with $1,483/mo rent. Total monthly income registers $1,483/mo, and a $766/mo payment leaves $530/mo available for distribution. Annual cash flow reaches $6,365/yr on $51,913 to close, and return on cash invested stands at 32.17% in year one. Equity gained on principal adds $1,011/yr while 5% annual appreciation supports $43,266 over five years. Portfolio math shows five-year ROI at 168.52% and total cumulative return in cash at $87,482. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,483/mo property income against a $766/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