36 Evergreen CirWest 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
Rental property for sale in West Fargo at 36 Evergreen Cir, West Fargo, ND, 58078 priced at $307,900 pairs $3,000/mo rent with $1,126/mo cash flow after a $1,507/mo payment. Total monthly income equals $3,000/mo, and annual cash flow comes to $13,513/yr on $102,069 invested. Return on cash invested is 33.15% in year one, and rental yield stands at 11.69% on a $307,900 basis. Equity gained on principal adds $1,987/yr, and 5% annual appreciation accumulates to $85,067 by year five. Five-year ROI measures 173.75% and total cumulative return in cash reaches $177,344. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $1,507/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
9,147 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: Diane Nordhougen • Park Co., REALTORS
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6775244