1010 85th Ave WDuluthMN55808
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 1010 85th Ave W, Duluth, MN, 55808 in Duluth at $276,000. Rental yield 6.55%. The 6.55% yield and 1.21 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $76,254 by year five, and $2,542/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $90,823.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 5.6% |
| Monthly Cash Flow | $(216) | $650 |
City averages based on Duluth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,507 |
| Total Monthly Debt Service | $1,614 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Multi Family
Built in 1913
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55808, Duluth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,746 (100%) |
| Owner Occupied HU | 1,756 (63.9%) |
| Renter Occupied HU | 799 (29.1%) |
| Vacant Housing Units | 191 ( 7.0%) |
| Median Home Value | $180,469 |
| Average Home Value | $206,226 |
Housing Distribution
Address Breakdown
Residential
2,666
Single Family
2,426
Multi-Family
240
Businesses
61
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
Multi Family
Built in 1913
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55808, Duluth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,746 (100%) |
| Owner Occupied HU | 1,756 (63.9%) |
| Renter Occupied HU | 799 (29.1%) |
| Vacant Housing Units | 191 ( 7.0%) |
| Median Home Value | $180,469 |
| Average Home Value | $206,226 |
Housing Distribution
Address Breakdown
Residential
2,666
Single Family
2,426
Multi-Family
240
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices