4920 Otsego 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 4920 Otsego St, Duluth, MN, 55804 priced at $262,000 converts $2,274/mo rent into $637/mo cash flow after a $1,282/mo obligation. Total monthly income equals $2,274/mo, and annual cash flow totals $7,646/yr on $86,853 invested. Return on cash invested prints 28.71% in year one, and rental yield reads 10.42% against a $262,000 entry. Equity gained on principal adds $1,691/yr, while 5% annual appreciation compiles into $72,386 by year five. Five-year ROI reaches 150.17% and total cumulative return in cash sums $130,425. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,274/mo property income covering a $1,282/mo payment, not borrower’s personal income.
Single Family
Built in 1953
6,969 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Missy Winkler • Edmunds Company, LLP
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118729
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.