6101 Martin Ln WWest FargoND58078
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6101 Martin Ln W, West Fargo, ND, 58078 priced at $380,400 converts $2,243/mo rent into after a $1,862/mo obligation. Total monthly income equals $2,243/mo. Return on cash invested prints 19.22% in year one, and rental yield reads 7.08% against a $380,400 entry. Equity gained on principal adds $2,455/yr, while 5% annual appreciation compiles into $105,098 by year five. Five-year ROI reaches 99.03% and total cumulative return in cash sums $124,878. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,243/mo property income covering a $1,862/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.14 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: Michelle Borud • Beyond Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6718126
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