828 Cinnamon Ridge PlWest 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 828 Cinnamon Ridge Pl, West Fargo, ND, 58078 with 5% annual appreciation on a $324,900 basis while $2,472/mo rent supports operations. Total monthly income totals $2,472/mo and a $1,590/mo payment preserves $495/mo for cash returns. Annual cash flow comes to $5,938/yr on $107,704 deployed, and return on cash invested reaches 25.42% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,764 alongside rental yield of 9.13%. Five-year ROI measures 132.28% and total cumulative return in cash totals $142,469.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,472/mo property income versus a $1,590/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
5,662 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: Lucas D Gunkelman • REAL (405 FGO)
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6805757