5118 Otsego St,Duluth,MN,55804

Investment Highlights

Rental property for sale in Duluth at 5118 Otsego St, Duluth, MN, 55804 generates $2,274/mo in rent and, after a $1,664/mo payment, leaves $151/mo in cash flow. Total monthly income is $2,274/mo, and annual cash flow is $1,814/yr on $112,677 invested. Return on cash invested sits at 21.52% in year one, and rental yield is 8.03% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 111.58% and total cumulative return in cash sums $125,723. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,274/mo property income rather than buyer’s personal income.