1210 N 8th Ave EDuluthMN55805
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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 1210 N 8th Ave E, Duluth, MN, 55805 listed at $187,000 pairs $1,463/mo rent with a $915/mo payment to leave $296/mo cash flow. Total monthly income runs $1,463/mo, and annual cash flow reaches $3,547/yr on $61,991 cash to close. Return on cash invested measures 25.63% in year one, and rental yield registers 9.39% at a $187,000 basis. Equity gained on principal adds $1,207/yr, and annual property appreciation at 5% supports $51,665 by year five. Five-year ROI tracks 133.62% and total cumulative return in cash totals $82,830. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,463/mo property income relative to a $915/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
4,356 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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