2900 London RdDuluthMN55804
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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
Rental property for sale in Duluth at 2900 London Rd, Duluth, MN, 55804 offers $2,854/mo rent that, after a $8,810/mo payment. Total monthly income is $2,854/mo. Return on cash invested measures 2.99% in year one, and rental yield stands at 1.9% at a $1,799,900 entry. Equity gained on principal adds $11,614/yr while 5% annual appreciation compounds into $497,279 by year five. Five-year ROI records 12.12% and total cumulative return in cash reaches $70,684. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,854/mo property income versus a $8,810/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
2.11 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Tracy Ramsay • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119413
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.