101 1st St SEBaudetteMN56623
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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
Investment Highlights
Rental property for sale in Baudette at 101 1st St SE, Baudette, MN, 56623 generates $1,433/mo in rent and, after a $524/mo payment, leaves $765/mo in cash flow. Total monthly income is $1,433/mo, and annual cash flow is $9,175/yr on $35,471 invested. Return on cash invested sits at 45.77% in year one, and rental yield is 16.07% on a $107,000 entry. Equity gained on principal adds $690/yr, while 5% annual appreciation builds toward $29,562 over five years. Five-year ROI reaches 241.67% and total cumulative return in cash sums $85,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,433/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56623, Baudette, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,200 (100%) |
| Owner Occupied HU | 1,054 (47.9%) |
| Renter Occupied HU | 254 (11.5%) |
| Vacant Housing Units | 892 (40.5%) |
| Median Home Value | $248,343 |
| Average Home Value | $259,893 |
Housing Distribution
Address Breakdown
Residential
1,226
Single Family
1,132
Multi-Family
94
Businesses
169
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