1901 E 5th StDuluthMN55812
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 1901 E 5th St, Duluth, MN, 55812 uses $79,229 cash to close to unlock $13,127/yr annual cash flow and $1,094/mo monthly cash flow. Total monthly income runs $2,621/mo, and a $1,170/mo payment keeps the spread at $1,094/mo. Purchase price stands at $239,000, and rental yield measures 13.16% with $2,621/mo rent. Return on cash invested shows 36.48% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 191.96% and total cumulative return in cash records $152,088. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,621/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1910
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55812, Duluth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,847 (100%) |
| Owner Occupied HU | 1,525 (39.6%) |
| Renter Occupied HU | 2,024 (52.6%) |
| Vacant Housing Units | 298 ( 7.7%) |
| Median Home Value | $382,580 |
| Average Home Value | $441,516 |
Housing Distribution
Address Breakdown
Residential
3,696
Single Family
2,908
Multi-Family
788
Businesses
151
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Nearby investment properties with comparable prices
Listed by: Tracy Ramsay • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119891
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.