1033 85th Ave WDuluthMN55808
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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 Duluth at 1033 85th Ave W, Duluth, MN, 55808 generates $2,534/mo in rent and, after a $1,972/mo payment, leaves $18/mo in cash flow. Total monthly income is $2,534/mo, and annual cash flow is $215/yr on $133,595 invested. Return on cash invested sits at 20.07% in year one, and rental yield is 7.55% on a $403,000 entry. Equity gained on principal adds $2,600/yr, while 5% annual appreciation builds toward $111,341 over five years. Five-year ROI reaches 103.76% and total cumulative return in cash sums $138,622. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,534/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A 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
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