140 Lakewood RdDuluthMN55804
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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 140 Lakewood Rd, Duluth, MN, 55804 with 5% annual appreciation on a $199,900 basis while $1,529/mo rent supports operations. Total monthly income totals $1,529/mo and a $978/mo payment preserves $281/mo for cash returns. Annual cash flow comes to $3,374/yr on $66,267 deployed, and return on cash invested reaches 25% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 9.18%. Five-year ROI measures 130.29% and total cumulative return in cash totals $86,341.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,529/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1915
3.14 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Kevin Rappana • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118206
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.