2984 Hagen 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
Investment property for sale in Duluth at 2984 Hagen Rd, Duluth, MN, 55804 listed at $400,000 pairs $2,320/mo rent with a $1,958/mo payment. Total monthly income runs $2,320/mo. Return on cash invested measures 18.3% in year one, and rental yield registers 6.96% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 94.26% and total cumulative return in cash totals $124,984. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,320/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
4.02 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Beverly Van Alstine • Messina & Associates Real Estate
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119519
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.