1682 Old North Shore RdDuluthMN55804
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 1682 Old North Shore Rd, Duluth, MN, 55804 in Duluth worth study. Rental yield 5.1%. The 5.1% gross yield is below cash-flow benchmarks at $535,000, but 5% annual appreciation, adding $147,811 over five years, frames this as a capital growth position. Rent of $2,274/mo partially offsets the $2,406/mo payment. Ziffy Mortgage finances appreciation-play properties (0.95 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $134,328.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 5.6% |
| Monthly Cash Flow | $(1,067) | $650 |
City averages based on Duluth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,274 |
| Total Monthly Debt Service | $3,128 |
| DSCR Ratio | 0.73x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1997
10.08 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 1997
10.08 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Conner Linde • Real Estate Consultants
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119951
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.