7304 27th St SFargoND58104
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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 7304 27th St S, Fargo, ND, 58104 listed at $343,000 pairs $2,514/mo rent with a $1,679/mo payment to leave $426/mo cash flow. Total monthly income runs $2,514/mo, and annual cash flow reaches $5,115/yr on $113,705 cash to close. Return on cash invested measures 24.41% in year one, and rental yield registers 8.8% at a $343,000 basis. Equity gained on principal adds $2,213/yr, and annual property appreciation at 5% supports $94,765 by year five. Five-year ROI tracks 126.86% and total cumulative return in cash totals $144,240. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,514/mo property income relative to a $1,679/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
7,405 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
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Listed by: Pat Karley, Associate Broker • Berkshire Hathaway HomeServices Premier Properties
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6761844