523 Westview Ln EWest 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 523 Westview Ln E, West Fargo, ND, 58078 generates $2,885/mo in rent, after a $2,475/mo payment. Total monthly income is $2,885/mo. Return on cash invested sits at 15.97% in year one, and rental yield is 6.85% on a $505,603 entry. Equity gained on principal adds $3,263/yr, while 5% annual appreciation builds toward $139,689 over five years. Five-year ROI reaches 82.56% and total cumulative return in cash sums $137,331. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,885/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
8,276 sqft lot
$N/A/sqft
$125 monthly 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: Tyler Hunter • Simply Homes Realty
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6528575
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.