13345 State Highway 11 SEBaudetteMN56623
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 13345 State Highway 11 SE, Baudette, MN, 56623 in Baudette is capital appreciation. Rental yield 0%. The 0% gross yield at $183,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $50,560 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.5% |
| Monthly Cash Flow | $0 | $450 |
City averages based on Baudette market data in our database. Property projections are estimates.
Single Family
Built in 2004
5.02 Acres 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
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
Single Family
Built in 2004
5.02 Acres 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.