5470 Lori Ln 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
Rental property for sale in West Fargo at 5470 Lori Ln W, West Fargo, ND, 58078 priced at $344,900 pairs $2,951/mo rent with $555/mo cash flow after a $1,688/mo payment. Total monthly income equals $2,951/mo, and annual cash flow comes to $6,665/yr on $114,334 invested. Return on cash invested is 25.74% in year one, and rental yield stands at 10.27% on a $344,900 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,290 by year five. Five-year ROI measures 135.11% and total cumulative return in cash reaches $154,473. For financing, Ziffy Mortgage’s DSCR program evaluates $2,951/mo property income against a $1,688/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
6,098 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: Bill Kieffer • RE/MAX Legacy Realty
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6590341
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.