2120 W 6th StDuluthMN55806
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 2120 W 6th St, Duluth, MN, 55806 listed at $124,000 pairs $988/mo rent with a $607/mo payment to leave $205/mo cash flow. Total monthly income runs $988/mo, and annual cash flow reaches $2,458/yr on $41,106 cash to close. Return on cash invested measures 25.89% in year one, and rental yield registers 9.56% at a $124,000 basis. Equity gained on principal adds $800/yr, and annual property appreciation at 5% supports $34,259 by year five. Five-year ROI tracks 135.08% and total cumulative return in cash totals $55,527. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $988/mo property income relative to a $607/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1922
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55806, Duluth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,097 (100%) |
| Owner Occupied HU | 1,820 (35.7%) |
| Renter Occupied HU | 2,756 (54.1%) |
| Vacant Housing Units | 521 (10.2%) |
| Median Home Value | $223,109 |
| Average Home Value | $300,330 |
Housing Distribution
Address Breakdown
Residential
4,561
Single Family
3,453
Multi-Family
1,108
Businesses
260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Moe Mossa • Savvy Avenue, LLC
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118339
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.