3933 W Austin StDuluthMN55803
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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 3933 W Austin St, Duluth, MN, 55803 offers a 8.07% rental yield on a $200,000 purchase with $1,345/mo rent. Total monthly income registers $1,345/mo, and a $979/mo payment leaves $96/mo available for distribution. Annual cash flow reaches $1,152/yr on $66,300 to close, and return on cash invested stands at 21.65% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 112.21% and total cumulative return in cash at $74,396. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,345/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55803, Duluth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,457 (100%) |
| Owner Occupied HU | 5,987 (70.8%) |
| Renter Occupied HU | 1,401 (16.6%) |
| Vacant Housing Units | 1,069 (12.6%) |
| Median Home Value | $371,529 |
| Average Home Value | $418,064 |
Housing Distribution
Address Breakdown
Residential
8,049
Single Family
7,214
Multi-Family
835
Businesses
380
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