1002 Martha StDuluthMN55805
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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 Duluth at 1002 Martha St, Duluth, MN, 55805 listed at $799,900 pairs $2,846/mo rent with a $3,915/mo payment. Total monthly income runs $2,846/mo. Return on cash invested measures 10.26% in year one, and rental yield registers 4.27% at a $799,900 basis. Equity gained on principal adds $5,162/yr, and annual property appreciation at 5% supports $220,998 by year five. Five-year ROI tracks 51.16% and total cumulative return in cash totals $134,640. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,846/mo property income relative to a $3,915/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55805, Duluth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,462 (100%) |
| Owner Occupied HU | 1,391 (25.5%) |
| Renter Occupied HU | 3,554 (65.1%) |
| Vacant Housing Units | 517 ( 9.5%) |
| Median Home Value | $226,692 |
| Average Home Value | $312,390 |
Housing Distribution
Address Breakdown
Residential
4,976
Single Family
3,439
Multi-Family
1,537
Businesses
178
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