112 E 5th StDuluthMN55805
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
Investment Highlights
Rental property for sale in Duluth at 112 E 5th St, Duluth, MN, 55805 priced at $170,000 converts $2,298/mo rent into $1,151/mo cash flow after a $832/mo obligation. Total monthly income equals $2,298/mo, and annual cash flow totals $13,816/yr on $56,355 invested. Return on cash invested prints 44.43% in year one, and rental yield reads 16.22% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 235.1% and total cumulative return in cash sums $132,489. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,298/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1899
3,484 sqft 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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Nearby investment properties with comparable prices
Listed by: Claude Wenaas • Coldwell Banker Realty - Duluth
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119245
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-24 04:53:01 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#939)