1901 E Superior 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 Superior St, Duluth, MN, 55812 offers a 6.89% rental yield on a $484,000 purchase with $2,779/mo rent. 09% in year one. Equity gained on principal adds $3,123/yr while 5% annual appreciation supports $133,720 over five years. Portfolio math shows five-year ROI at 93.15% and total cumulative return in cash at $149,460. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,779/mo property income against a $2,369/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1894
4,356 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices