829 60th Ave 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
Investment property for sale in West Fargo at 829 60th Ave W, West Fargo, ND, 58078 offers a 8.31% rental yield on a $433,144 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $2,120/mo payment leaves $364/mo available for distribution. Annual cash flow reaches $4,366/yr on $143,587 to close, and return on cash invested stands at 22.95% in year one. Equity gained on principal adds $2,795/yr while 5% annual appreciation supports $119,670 over five years. Portfolio math shows five-year ROI at 119.01% and total cumulative return in cash at $170,886. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $2,120/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,969 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: Katherine Kiernan • Aspire Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6791401