1915 E Superior StDuluthMN55812
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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
Investment property for sale in Duluth at 1915 E Superior St, Duluth, MN, 55812 uses $85,494 cash to close to unlock $4,438/yr annual cash flow and $370/mo monthly cash flow. Total monthly income runs $1,980/mo, and a $1,262/mo payment keeps the spread at $370/mo. Purchase price stands at $257,900, and rental yield measures 9.21% with $1,980/mo rent. Return on cash invested shows 25.1% in year one, and 5% annual appreciation builds toward $71,253 over five years. Five-year ROI reaches 130.74% and total cumulative return in cash records $111,774. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $1,262/mo payment rather than investor’s personal income.
Single Family
Built in 1925
7,405 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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