814 Meyer BlvdWest 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 814 Meyer Blvd, West Fargo, ND, 58078 offers $2,440/mo rent that, after a $1,590/mo payment, leaves $454/mo cash flow. Total monthly income is $2,440/mo, and annual cash flow is $5,450/yr on $107,704 cash. Return on cash invested measures 24.97% in year one, and rental yield stands at 9.01% at a $324,900 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,764 by year five. Five-year ROI records 129.91% and total cumulative return in cash reaches $139,913. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,440/mo property income versus a $1,590/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
10,454 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bill Kieffer • RE/MAX Legacy Realty
Mls Name: FMARMLS
Mls Provider:
Mls ID: #6612255
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.