RentariIQ Rental analysis report

Report ID: kLeOTT4n1CryLrxI

Prepared: August 03, 2026

Rental Analysis Report for Demo Property · West Fargo, ND, ZIP 58078

A weighted comparable-rent analysis for your independent pricing decision.

Street view of Demo Property · West Fargo, ND

Estimated monthly rent

$2,368 / mo

Weighted range $2,262 – $2,485

Confidence score

78%

High confidence based on 12 comps

Investment SnapshotATTOM data

Est. property value

$379,307

recent sale price

Gross rental yield

7.5%

annual rent ÷ value

Annual property tax

$5,711

Assessed value

$105,300

Property value, tax, and assessed value are real records from ATTOM. Gross yield = estimated annual rent ÷ estimated value; it excludes vacancy, operating expenses, and financing.

Cash-Flow Pro-formaest. value · standard assumptions

Cap rate

3.83%

NOI $14,529/yr

Cash-on-cash

-7.7%

on $106,206 in

Monthly cash flow

$-682

after $1,893 P&I

DSCR

0.64

1% rule 0.62%

Pro-forma at $379,307 purchase, 25.0% down, 7.0% / 30yr, 5.0% vacancy; operating expenses $12,467/yr incl. real property tax $5,711. Estimates only — not investment advice; your actual costs, financing, and vacancy will differ.

Weighted-comparable AVM over 12 comparable listing(s) (12 real market listing(s)). Each comp is weighted by geographic proximity (Gaussian kernel), listing recency (180-day half-life), and unit similarity (beds/baths/sqft). Point estimate = weighted median of rent-per-square-foot rescaled to the subject's square footage; range = weighted 25th/75th-percentile band. Real-data rent AVM (RentCast): $2,360 (range $2,220-$2,510). The headline is the weighted-comp estimate; this AVM did not move it. Both derive from the same vendor's listing data, so this is an internal consistency check, not an independent second opinion. It is an advisory market reference — not an appraisal — and you remain solely responsible for the rent you set.

Property Details

Bedrooms

4

Bathrooms

1

Sq Ft

2,116

Property type

Single Family

Search radius

2.0 mi

Rental comps

12

Year built

2023

Lot size

6,250 sqft

Last sale

$379,307 (2024-02-12)

Comparable Rental Properties

Address / Area	Type	Match	Monthly Rent	$/Sq Ft	Beds/Baths	Sq Ft	Source
5254 10th St W, West Fargo, ND 58078 Zillow MapCounts less — different size/beds	Single Family	98%	$2,495	$1.18	4/2	2,110	Market listing
821 Cathy Dr W, West Fargo, ND 58078 Zillow MapCounts less — different size/beds	Single Family	95%	$2,345	$1.11	4/2	2,110	Market listing
965 Ashley Dr W, West Fargo, ND 58078 Zillow MapCounts less — different size/beds	Single Family	86%	$2,445	$1.16	4/2	2,110	Market listing
1148 55th Ave W, West Fargo, ND 58078 Zillow MapCounts less — different size/beds	Single Family	85%	$2,345	$1.08	4/2	2,180	Market listing
5242 10th St W, West Fargo, ND 58078 Zillow MapCounts less — different size/beds	Single Family	84%	$2,095	$0.96	4/2	2,176	Market listing
6146 Martin Lane Way, West Fargo, ND 58078 Zillow MapCounts less — different size/beds	Single Family	84%	$2,295	$1.05	4/2	2,180	Market listing
5856 Deb Dr W, West Fargo, ND 58078 Zillow MapCounts less — different size/beds	Single Family	76%	$2,558	$1.18	4/2	2,176	Market listing
4516 Westport Pkwy, West Fargo, ND 58078 Zillow MapCounts less — 1.3 mi away	Single Family	76%	$2,295	$1.12	4/2	2,048	Market listing
6185 66th St S, Fargo, ND 58104 Zillow MapCounts less — 1.4 mi away	Single Family	74%	$2,495	$1.15	4/2	2,179	Market listing
6750 72nd Ave S, Horace, ND 58047 Zillow MapCounts less — 1.6 mi away	Single Family	70%	$2,545	$1.27	4/2	1,998	Market listing
5932 58th St S, Fargo, ND 58104 Zillow MapCounts less — 1.8 mi away	Single Family	63%	$2,345	$1.02	4/2	2,310	Market listing
6321 83rd Ave S, Horace, ND 58047 Zillow MapCounts less — 2.4 mi away	Single Family	61%	$2,095	$0.96	4/2	2,180	Market listing

Match is a similarity score — how closely each comparable resembles your property on location, size, and recency; a higher percentage means a more relevant comp.

See Real Current Listings

To review more current live rentals near 58078, browse the real listing sources directly:

View rentals on Zillow → Open in Google Maps →

Report generated on August 03, 2026. Figures are retrieved live or from a short-lived cache (up to 30 days for some public-data sources), so a figure may pre-date this report — each context card states its own data vintage. Comparable recency is shown per comp; county assessment figures reflect the assessor's latest published tax year; HUD figures reflect the current published fiscal year.

Rentari IQ rent estimates are informational market references, not pricing instructions. They are generated from your own property data, real comparable market listings, and — where local listing data is limited — AI-estimated market references (clearly labelled as such), never from other landlords' confidential rents, to support your own independent pricing decisions. You set your rents; Rentari does not. Every estimate is an advisory data point, and you remain solely responsible for the rent you charge. Estimates are not appraisals or legal advice and do not account for fair-housing, rent-control, or local pricing laws. Confirm every rent independently and comply with all applicable federal, state, and local requirements.

RentariIQ Rental analysis report

Report ID: kLeOTT4n1CryLrxI

Prepared: August 03, 2026

Market Snapshot for Demo Property · West Fargo, ND

How your estimate sits within the local comparable set.

Rental Range for Similar Homes

Low$2,262

Your estimate$2,368

High$2,485

Average Rental Rates by Bedroom

4 Bed

$2,363 · 12 comps

Averages reflect the comparable set only and are shown for context; they are not adjusted for condition or amenities.

Comparables map

Real listings/leases only; AI-estimated references are never plotted · S = subject

Where the comparables come from

Source mix of the comparables behind this analysis. AI-estimated references are never presented as real listings.

Estimate confidence

Measures how tightly the underlying data agrees — internal consistency, not verified real-world accuracy.

Comp Spread

Each dot is one comparable rental — vertical position is monthly rent, horizontal is distance from your property. The dashed line marks your estimate.

Benchmark Rent Trend

$2,080 4-bedroom HUD benchmark · FY2026

+9.5% YoY · +7.2%/yr 3-yr

Source: HUD Small-Area Fair Market Rents (fy2026_rev). HUD benchmark — 40th-percentile administrative standard, typically below market asking rents.

This ZIP benchmarks 16.5% above its metro median (Fargo, ND-MN MSA).
National CPI rent +3.1% over 12 months (May 2026) — an index of change, not a dollar rent level.
Census ACS baseline: $2,424/mo (acs5_2024) — 5-year rolling average; lags the current market by 2–4 years.

Data from HUD / U.S. Census Bureau / BLS; these agencies do not endorse this product.

Rentari IQ rent estimates are informational market references, not pricing instructions. They are generated from your own property data, real comparable market listings, and — where local listing data is limited — AI-estimated market references (clearly labelled as such), never from other landlords' confidential rents, to support your own independent pricing decisions. You set your rents; Rentari does not. Every estimate is an advisory data point, and you remain solely responsible for the rent you charge. Estimates are not appraisals or legal advice and do not account for fair-housing, rent-control, or local pricing laws. Confirm every rent independently and comply with all applicable federal, state, and local requirements.

RentariIQ Rental analysis report

Report ID: kLeOTT4n1CryLrxI

Prepared: August 03, 2026

Market Conditions for Demo Property · West Fargo, ND

Recent activity, methodology, and factors to weigh in your pricing decision.

Recent Rental Activity

Month	Comps	Avg	Min	Max
Dec 2025	3	$2,333	$2,095	$2,558
Mar 2026	2	$2,320	$2,295	$2,345
Apr 2026	2	$2,270	$2,095	$2,445
Jun 2026	3	$2,378	$2,295	$2,495
Jul 2026	2	$2,520	$2,495	$2,545

Grouped by the month each comparable was observed. Public comparable data is limited, so recent months may show only a few listings.

How This Rent Was Calculated

This estimate is a weighted analysis of comparable rentals: each comp is scored on how close it sits to your property, how similar it is in beds, baths, and square footage, and how recently it was observed. Closer, more similar, and more recent comps carry more weight in the final number, while distant, dissimilar, or older listings count for less. The result is a market reference range, not an appraisal.

What Moves the Rent

Factors That May Increase Rent

✓Updated kitchen, bath, or flooring
✓Strong curb appeal and well-kept exterior
✓In-unit laundry, parking, or added storage
✓Pet-friendly policy
✓Professional photos and broad marketing exposure

Factors That May Reduce Rent

–Dated interior finishes or deferred maintenance
–Limited marketing exposure or a slow listing
–Overpricing at launch relative to comparable homes
–Off-season timing with fewer active renters

Next Steps

Use this estimate as one advisory data point in your own pricing decision. Confirm current conditions with local listings and set your rent based on your property's specific condition, amenities, and goals.

Rentari IQ rent estimates are informational market references, not pricing instructions. They are generated from your own property data, real comparable market listings, and — where local listing data is limited — AI-estimated market references (clearly labelled as such), never from other landlords' confidential rents, to support your own independent pricing decisions. You set your rents; Rentari does not. Every estimate is an advisory data point, and you remain solely responsible for the rent you charge. Estimates are not appraisals or legal advice and do not account for fair-housing, rent-control, or local pricing laws. Confirm every rent independently and comply with all applicable federal, state, and local requirements.