3707 London Rd #4DuluthMN55804
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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 3707 London Rd #4, Duluth, MN, 55804 listed at $724,900 pairs $4,606/mo rent with a $3,548/mo payment. Total monthly income runs $4,606/mo. Return on cash invested measures 18.95% in year one, and rental yield registers 7.62% at a $724,900 basis. Equity gained on principal adds $4,678/yr, and annual property appreciation at 5% supports $200,277 by year five. Five-year ROI tracks 98.29% and total cumulative return in cash totals $234,417. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,606/mo property income relative to a $3,548/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2022
N/A lot
$N/A/sqft
$300 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Lynn Nephew • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6115847
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 2024 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.