4301 Grouse Ridge DrHermantownMN55811
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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 Hermantown at 4301 Grouse Ridge Dr, Hermantown, MN, 55811 earns from $3,006/mo rent with a $2,374/mo payment. Total monthly income totals $3,006/mo. ROI tracks 19.74% on current figures, and rental yield reads 7.44% at a $485,000 purchase. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 over five years. Five-year ROI reaches 102.02% and total cumulative return in cash sums $164,018. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,006/mo property income instead of your personal income.
Single Family
Built in 1998
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55811, Duluth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,344 (100%) |
| Owner Occupied HU | 7,647 (61.9%) |
| Renter Occupied HU | 3,951 (32.0%) |
| Vacant Housing Units | 746 ( 6.0%) |
| Median Home Value | $355,063 |
| Average Home Value | $393,087 |
Housing Distribution
Address Breakdown
Residential
11,971
Single Family
9,450
Multi-Family
2,521
Businesses
997
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Listed by: Brian Rud • Messina & Associates Real Estate
Mls Name: Lake Superior Area Realtors
Mls ID: #6121240