6919 Glory RdBaxterMN56425
Nearby investment properties with comparable rents
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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 6919 Glory Rd, Baxter, MN, 56425 with 5% annual appreciation on a $562,900 basis while $2,564/mo rent supports operations. 9% in year one. Equity gained on principal adds $3,632/yr, and five-year appreciation sums $155,519 alongside rental yield of 5.47%. Five-year ROI measures 70.68% and total cumulative return in cash totals $130,888. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,564/mo property income versus a $2,755/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.68 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: Gregory F Wersal • Gregory F Wersal, Broker
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6482106
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