2616 7th St WWest FargoND58078
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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 West Fargo at 2616 7th St W, West Fargo, ND, 58078 listed at $454,900 pairs $3,000/mo rent with a $2,227/mo payment to leave $231/mo cash flow. Total monthly income runs $3,000/mo, and annual cash flow reaches $2,771/yr on $150,799 cash to close. Return on cash invested measures 21.75% in year one, and rental yield registers 7.91% at a $454,900 basis. Equity gained on principal adds $2,935/yr, and annual property appreciation at 5% supports $125,680 by year five. Five-year ROI tracks 112.56% and total cumulative return in cash totals $169,736. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $2,227/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
0.22 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 58078, West Fargo, ND area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,811 (100%) |
| Owner Occupied HU | 11,170 (62.7%) |
| Renter Occupied HU | 5,905 (33.2%) |
| Vacant Housing Units | 736 ( 4.1%) |
| Median Home Value | $342,890 |
| Average Home Value | $396,492 |
Housing Distribution
Address Breakdown
Residential
17,620
Single Family
12,590
Multi-Family
5,030
Businesses
1,238
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Listed by: DeDe Heller • Town & Country Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6761059