12654 Knollwood DrBaxterMN56425
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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
Investment property for sale in Baxter at 12654 Knollwood Dr, Baxter, MN, 56425 listed at $374,900 pairs $3,173/mo rent with a $1,835/mo payment to leave $832/mo cash flow. Total monthly income runs $3,173/mo, and annual cash flow reaches $9,983/yr on $124,279 cash to close. Return on cash invested measures 27.94% in year one, and rental yield registers 10.16% at a $374,900 basis. Equity gained on principal adds $2,419/yr, and annual property appreciation at 5% supports $103,578 by year five. Five-year ROI tracks 145.98% and total cumulative return in cash totals $181,423. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,173/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56425, Baxter, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,045 (100%) |
| Owner Occupied HU | 2,479 (61.3%) |
| Renter Occupied HU | 1,221 (30.2%) |
| Vacant Housing Units | 345 ( 8.5%) |
| Median Home Value | $349,885 |
| Average Home Value | $374,017 |
Housing Distribution
Address Breakdown
Residential
3,818
Single Family
3,023
Multi-Family
795
Businesses
370
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