514 7th Ave 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 514 7th Ave W, West Fargo, ND, 58078 listed at $385,000 pairs $2,747/mo rent with a $1,884/mo payment to leave $404/mo cash flow. Total monthly income runs $2,747/mo, and annual cash flow reaches $4,851/yr on $127,628 cash to close. Return on cash invested measures 23.71% in year one, and rental yield registers 8.56% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 123.11% and total cumulative return in cash totals $157,126. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,747/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
9,496 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: Hunter Mouw • REAL (216 FGO)
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6824168