516 Pennsylvania AveDuluthMN55713
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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 516 Pennsylvania Ave, Duluth, MN, 55713 generates $1,338/mo in rent and, after a $553/mo payment, leaves $632/mo in cash flow. Total monthly income is $1,338/mo, and annual cash flow is $7,589/yr on $37,460 invested. Return on cash invested sits at 40.17% in year one, and rental yield is 14.21% on a $113,000 entry. Equity gained on principal adds $729/yr, while 5% annual appreciation builds toward $31,220 over five years. Five-year ROI reaches 211.6% and total cumulative return in cash sums $79,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,338/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55713, Buhl, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 457 (100%) |
| Owner Occupied HU | 338 (74.0%) |
| Renter Occupied HU | 77 (16.8%) |
| Vacant Housing Units | 42 ( 9.2%) |
| Median Home Value | $129,688 |
| Average Home Value | $163,269 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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Listed by: Jennifer Reyes • Mirabella Realty
Mls Name: Range AOR
Mls ID: #148646
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.