Kittson Plan, Selkirk 3rd AdditionFargoND58104
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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 Kittson Plan, Selkirk 3rd Addition, Fargo, ND, 58104 with 5% annual appreciation on a $355,840 basis while $2,716/mo rent supports operations. Total monthly income totals $2,716/mo and a $1,742/mo payment preserves $550/mo for cash returns. Annual cash flow comes to $6,600/yr on $117,961 deployed, and return on cash invested reaches 25.5% in year one. Equity gained on principal adds $2,296/yr, and five-year appreciation sums $98,312 alongside rental yield of 9.16%. Five-year ROI measures 132.69% and total cumulative return in cash totals $156,527.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,716/mo property income versus a $1,742/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
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
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Listed by: N/A • Jordahl Custom Homes
Mls Name: Jordahl Custom Homes
Mls Provider:
Mls ID: #N/A