2218 E Pioneer RdDuluthMN55804
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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 2218 E Pioneer Rd, Duluth, MN, 55804 offers a 9.22% rental yield on a $335,000 purchase with $2,575/mo rent. Total monthly income registers $2,575/mo, and a $1,640/mo payment leaves $418/mo available for distribution. Annual cash flow reaches $5,013/yr on $111,053 to close, and return on cash invested stands at 24.42% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 127.37% and total cumulative return in cash at $141,452. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,575/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
10 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Sathers • JS Realty
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6120540
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.