6718 28th St NEFargoND58104
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
Rental property for sale in Fargo at 6718 28th St NE, Fargo, ND, 58104 generates $3,166/mo in rent and, after a $1,949/mo payment, leaves $743/mo in cash flow. Total monthly income is $3,166/mo, and annual cash flow is $8,911/yr on $131,970 invested. Return on cash invested sits at 26.66% in year one, and rental yield is 9.54% on a $398,100 entry. Equity gained on principal adds $2,569/yr, while 5% annual appreciation builds toward $109,988 over five years. Five-year ROI reaches 138.92% and total cumulative return in cash sums $183,331. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,166/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A