903 North BroadwayFergus FallsMN56537
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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 Fergus Falls at 903 North Broadway, Fergus Falls, MN, 56537 earns $495/mo cash flow from $2,052/mo rent with a $1,220/mo payment. Total monthly income totals $2,052/mo, and annual cash flow totals $5,945/yr on $82,643 capital. ROI tracks 27.1% on current figures, and rental yield reads 9.88% at a $249,300 purchase. Equity gained on principal adds $1,609/yr, and 5% annual appreciation supports $68,877 over five years. Five-year ROI reaches 141.52% and total cumulative return in cash sums $116,958. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,052/mo property income instead of your personal income.
Home Type Unknown
Built in 1951
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56537, Fergus Falls, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,307 (100%) |
| Owner Occupied HU | 5,712 (61.4%) |
| Renter Occupied HU | 2,527 (27.2%) |
| Vacant Housing Units | 1,068 (11.5%) |
| Median Home Value | $267,806 |
| Average Home Value | $335,968 |
Housing Distribution
Address Breakdown
Residential
8,831
Single Family
7,325
Multi-Family
1,506
Businesses
704
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Listed by: N/A • N/A
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