L1-B3 Cedar Scenic Rd NBaxterMN56425
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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
Rental property for sale in Baxter at L1-B3 Cedar Scenic Rd N, Baxter, MN, 56425 priced at $354,695 converts $1,350/mo rent into after a $1,736/mo obligation. Total monthly income equals $1,350/mo. Return on cash invested prints 11.08% in year one, and rental yield reads 4.57% against a $354,695 entry. Equity gained on principal adds $2,289/yr, while 5% annual appreciation compiles into $97,996 by year five. Five-year ROI reaches 55.61% and total cumulative return in cash sums $65,388. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,350/mo property income covering a $1,736/mo payment, not borrower’s personal income.
Single Family
Built in 2026
0.43 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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