938 5th 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 938 5th Ave W, West Fargo, ND, 58078 listed at $180,000 pairs $1,561/mo rent with a $881/mo payment to leave $466/mo cash flow. Total monthly income runs $1,561/mo, and annual cash flow reaches $5,586/yr on $59,670 cash to close. Return on cash invested measures 29.27% in year one, and rental yield registers 10.41% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 152.95% and total cumulative return in cash totals $91,265. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,561/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1975
N/A 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: Karena Carlson • Premier Properties
Mls Name: BHHS broker feed
Mls ID: #6797533