800 2nd Ave NBayportMN55003
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 800 2nd Ave N, Bayport, MN, 55003 in Bayport is listed at $314,900 and delivers $2,605/mo in rent and $639/mo in net monthly cash flow. The 9.93% yield and 1.84 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $87,001 over five years, and $2,900/yr in principal reduction supplements cash return. Total projected cumulative return: $160,573.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.0% |
| Monthly Cash Flow | $639 | $450 |
City averages based on Bayport market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,605 |
| Total Monthly Debt Service | $1,841 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1965
8,189 sqft 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 1965
8,189 sqft 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