301 Pleasant Ave NWWarroadMN56763
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
Investment property for sale in Warroad at 301 Pleasant Ave NW, Warroad, MN, 56763 offers a 9.96% rental yield on a $169,900 purchase with $1,410/mo rent. Total monthly income registers $1,410/mo, and a $832/mo payment leaves $349/mo available for distribution. Annual cash flow reaches $4,184/yr on $56,322 to close, and return on cash invested stands at 27.34% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 142.75% and total cumulative return in cash at $80,402. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,410/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56763, Warroad, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,385 (100%) |
| Owner Occupied HU | 1,562 (65.5%) |
| Renter Occupied HU | 490 (20.5%) |
| Vacant Housing Units | 333 (14.0%) |
| Median Home Value | $218,530 |
| Average Home Value | $249,014 |
Housing Distribution
Address Breakdown
Residential
1,957
Single Family
1,587
Multi-Family
370
Businesses
125
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices