37597 Lakeview Dr, Warroad, MN, 56763 | 5.5% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Warroad at 37597 Lakeview Dr, Warroad, MN, 56763 generates $1,554/mo in rent, after a $1,659/mo payment. Total monthly income is $1,554/mo. Return on cash invested sits at 13.9% in year one, and rental yield is 5.5% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 70.71% and total cumulative return in cash sums $79,468. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,554/mo property income rather than buyer’s personal income.

Multi Family

Built in 1983

0.46 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