406 Roberts Ave NEWarroadMN56763
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
Rental property for sale in Warroad at 406 Roberts Ave NE, Warroad, MN, 56763 priced at $259,000 pairs $1,410/mo rent with after a $1,268/mo payment. Total monthly income equals $1,410/mo. Return on cash invested is 17.01% in year one, and rental yield stands at 6.53% on a $259,000 basis. Equity gained on principal adds $1,671/yr, and 5% annual appreciation accumulates to $71,557 by year five. Five-year ROI measures 87.37% and total cumulative return in cash reaches $75,016. For financing, Ziffy Mortgage’s DSCR program evaluates $1,410/mo property income against a $1,268/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1906
0.30 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