7152 Excelsior RdBaxterMN56425
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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 7152 Excelsior Rd, Baxter, MN, 56425 listed at $214,000 pairs $1,830/mo rent with a $1,047/mo payment to leave $494/mo cash flow. Total monthly income runs $1,830/mo, and annual cash flow reaches $5,929/yr on $70,941 cash to close. Return on cash invested measures 28.27% in year one, and rental yield registers 10.26% at a $214,000 basis. Equity gained on principal adds $1,381/yr, and annual property appreciation at 5% supports $59,124 by year five. Five-year ROI tracks 147.79% and total cumulative return in cash totals $104,843. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,830/mo property income relative to a $1,047/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
1.89 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: Tom Acton • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6115791
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2024 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.