4415 Pitt StDuluthMN55804
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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
Rental property for sale in Duluth at 4415 Pitt St, Duluth, MN, 55804 priced at $279,000 converts $1,932/mo rent into $145/mo cash flow after a $1,366/mo obligation. Total monthly income equals $1,932/mo, and annual cash flow totals $1,742/yr on $92,489 invested. Return on cash invested prints 21.79% in year one, and rental yield reads 8.31% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 113.28% and total cumulative return in cash sums $104,767. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,932/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Single Family
Built in 1926
6,969 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Dan Buetow • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118759
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.