6563 Parkview CirBaxterMN56425
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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 6563 Parkview Cir, Baxter, MN, 56425 earns $1,140/mo cash flow from $4,169/mo rent with a $2,374/mo payment. Total monthly income totals $4,169/mo, and annual cash flow totals $13,683/yr on $160,778 capital. ROI tracks 28.42% on current figures, and rental yield reads 10.32% at a $485,000 purchase. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 over five years. Five-year ROI reaches 148.57% and total cumulative return in cash sums $238,862. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,169/mo property income instead of your personal income.
Single Family
Built in 1997
1.66 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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