12658 Chestnut DrBaxterMN56425
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 Baxter at 12658 Chestnut Dr, Baxter, MN, 56425 generates $2,268/mo in rent and, after a $1,394/mo payment, leaves $489/mo in cash flow. Total monthly income is $2,268/mo, and annual cash flow is $5,873/yr on $94,444 invested. Return on cash invested sits at 26.13% in year one, and rental yield is 9.55% on a $284,900 entry. Equity gained on principal adds $1,838/yr, while 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 136.3% and total cumulative return in cash sums $128,723. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,268/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.49 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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Nearby investment properties with comparable prices
Listed by: Karine Loobas • Weichert REALTORS Tower Properties
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6724631
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