4776 Hermantown RdDuluthMN55811
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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 4776 Hermantown Rd, Duluth, MN, 55811 offers $3,190/mo rent that, after a $2,489/mo payment, leaves $15/mo cash flow. Total monthly income is $3,190/mo, and annual cash flow is $174/yr on $167,297 cash. Return on cash invested measures 20.16% in year one, and rental yield stands at 7.53% at a $508,500 entry. Equity gained on principal adds $3,281/yr while 5% annual appreciation compounds into $140,489 by year five. Five-year ROI records 104.27% and total cumulative return in cash reaches $174,432. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,190/mo property income versus a $2,489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A 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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