714 Elm St 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 714 Elm St N, Fargo, ND, 58102 at $139,900 posts ROI 36.62% with $646/mo cash flow from $1,520/mo rent. Total monthly income equals $1,520/mo, and annual cash flow records $7,748/yr on $46,377 to close. Return on cash invested measures 36.62% and rental yield reads 13.04% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 192.52% and total cumulative return in cash totals $89,283.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,520/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1915
0.13 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hollie M Kietzer • Beyond Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6693622
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