512 E 8th StDuluthMN55805
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 512 E 8th St, Duluth, MN, 55805 priced at $157,900 pairs $1,266/mo rent with $280/mo cash flow after a $773/mo payment. Total monthly income equals $1,266/mo, and annual cash flow comes to $3,358/yr on $52,344 invested. Return on cash invested is 26.32% in year one, and rental yield stands at 9.62% on a $157,900 basis. Equity gained on principal adds $1,019/yr, and 5% annual appreciation accumulates to $43,625 by year five. Five-year ROI measures 137.33% and total cumulative return in cash reaches $71,882. For financing, Ziffy Mortgage’s DSCR program evaluates $1,266/mo property income against a $773/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1906
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55805, Duluth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,462 (100%) |
| Owner Occupied HU | 1,391 (25.5%) |
| Renter Occupied HU | 3,554 (65.1%) |
| Vacant Housing Units | 517 ( 9.5%) |
| Median Home Value | $226,692 |
| Average Home Value | $312,390 |
Housing Distribution
Address Breakdown
Residential
4,976
Single Family
3,439
Multi-Family
1,537
Businesses
178
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timothy Belcastro • North Point Realty
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118232
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.