722 14 1/2 Ave 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
Investment property for sale in West Fargo at 722 14 1/2 Ave E, West Fargo, ND, 58078 earns $475/mo cash flow from $3,000/mo rent with a $2,031/mo payment. Total monthly income totals $3,000/mo, and annual cash flow totals $5,695/yr on $137,539 capital. ROI tracks 24.05% on current figures, and rental yield reads 8.68% at a $414,900 purchase. Equity gained on principal adds $2,677/yr, and 5% annual appreciation supports $114,629 over five years. Five-year ROI reaches 124.92% and total cumulative return in cash sums $171,818. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Single Family
Built in 1994
9,880 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: Ron Rheault • Town & Country Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7007425