17 S 57th Ave EDuluthMN55804
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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
Rental property for sale in Duluth at 17 S 57th Ave E, Duluth, MN, 55804 generates $3,137/mo in rent and, after a $1,894/mo payment, leaves $721/mo in cash flow. Total monthly income is $3,137/mo, and annual cash flow is $8,647/yr on $128,291 invested. Return on cash invested sits at 26.65% in year one, and rental yield is 9.73% on a $387,000 entry. Equity gained on principal adds $2,497/yr, while 5% annual appreciation builds toward $106,921 over five years. Five-year ROI reaches 139.06% and total cumulative return in cash sums $178,406. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,137/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
6,969 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Julie Sathers • JS Realty
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119905
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.