30400 650th AveWarroadMN56763
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 30400 650th Ave, Warroad, MN, 56763 uses $40,973 cash to close to unlock $1,958/yr annual cash flow and $163/mo monthly cash flow. Total monthly income runs $935/mo, and a $605/mo payment keeps the spread at $163/mo. Purchase price stands at $123,600, and rental yield measures 9.08% with $935/mo rent. Return on cash invested shows 24.69% in year one, and 5% annual appreciation builds toward $34,148 over five years. Five-year ROI reaches 128.68% and total cumulative return in cash records $52,725. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $935/mo property income covering a $605/mo payment rather than investor’s personal income.
Single Family
Built in 1942
1.80 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