1616 N Arlington AveDuluthMN55811
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
Investment property for sale in Duluth at 1616 N Arlington Ave, Duluth, MN, 55811 uses $139,197 cash to close to unlock $13,757/yr annual cash flow and $1,146/mo monthly cash flow. Total monthly income runs $3,840/mo, and a $2,055/mo payment keeps the spread at $1,146/mo. Purchase price stands at $419,900, and rental yield measures 10.97% with $3,840/mo rent. Return on cash invested shows 29.79% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 156.14% and total cumulative return in cash records $217,344. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,840/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Single Family
Built in 1956
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55811, Duluth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,344 (100%) |
| Owner Occupied HU | 7,647 (61.9%) |
| Renter Occupied HU | 3,951 (32.0%) |
| Vacant Housing Units | 746 ( 6.0%) |
| Median Home Value | $355,063 |
| Average Home Value | $393,087 |
Housing Distribution
Address Breakdown
Residential
11,971
Single Family
9,450
Multi-Family
2,521
Businesses
997
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Linde • Real Estate Consultants
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6120761
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.