16 Point RdBayportMN55003
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play16 Point Rd, Bayport, MN, 55003 in Bayport is priced for appreciation, not yield. Rental yield 2.13%. At $1,675,000 with a 2.13% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $462,772 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.40) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $153,954.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.1% | 6.0% |
| Monthly Cash Flow | $(7,484) | $450 |
City averages based on Bayport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,976 |
| Total Monthly Debt Service | $9,793 |
| DSCR Ratio | 0.30x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1934
1.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55003, Bayport, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,219 (100%) |
| Owner Occupied HU | 852 (69.9%) |
| Renter Occupied HU | 316 (25.9%) |
| Vacant Housing Units | 51 ( 4.2%) |
| Median Home Value | $468,692 |
| Average Home Value | $523,187 |
Housing Distribution
Address Breakdown
Residential
1,099
Single Family
965
Multi-Family
134
Businesses
87
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
Single Family
Built in 1934
1.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55003, Bayport, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,219 (100%) |
| Owner Occupied HU | 852 (69.9%) |
| Renter Occupied HU | 316 (25.9%) |
| Vacant Housing Units | 51 ( 4.2%) |
| Median Home Value | $468,692 |
| Average Home Value | $523,187 |
Housing Distribution
Address Breakdown
Residential
1,099
Single Family
965
Multi-Family
134
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices