410 N 60th Ave EDuluthMN55804
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
Investment Highlights
Investment property for sale in Duluth at 410 N 60th Ave E, Duluth, MN, 55804 uses $133,263 cash to close to unlock $10,267/yr annual cash flow and $856/mo monthly cash flow. Total monthly income runs $3,378/mo, and a $1,968/mo payment keeps the spread at $856/mo. Purchase price stands at $402,000, and rental yield measures 10.08% with $3,378/mo rent. Return on cash invested shows 27.61% in year one, and 5% annual appreciation builds toward $111,065 over five years. Five-year ROI reaches 144.27% and total cumulative return in cash records $192,260. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,378/mo property income covering a $1,968/mo payment rather than investor’s personal income.
Single Family
Built in 1949
0.37 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janice Johnson • eXp Realty, LLC
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119029
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.