2218 E Pioneer RdDuluthMN55804
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Duluth rental at 2218 E Pioneer Rd, Duluth, MN, 55804 sits in the solid-income band: 9.22% gross yield, $2,575/mo rent, $418/mo net after the $1,506/mo debt service, DSCR 1.71. Entry price of $335,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $92,554 and $3,085/yr in principal reduction bring total cumulative return to $154,321.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.6% |
| Monthly Cash Flow | $418 | $650 |
City averages based on Duluth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,575 |
| Total Monthly Debt Service | $2,024 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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.