14420 Cottage Grove 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 14420 Cottage Grove Dr, Baxter, MN, 56425 uses $128,887 cash to close to unlock $12,121/yr annual cash flow and $1,010/mo monthly cash flow. Total monthly income runs $3,438/mo, and a $1,903/mo payment keeps the spread at $1,010/mo. Purchase price stands at $388,800, and rental yield measures 10.61% with $3,438/mo rent. Return on cash invested shows 29.31% in year one, and 5% annual appreciation builds toward $107,418 over five years. Five-year ROI reaches 153.37% and total cumulative return in cash records $197,679. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,438/mo property income covering a $1,903/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.51 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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