5322 Otsego St,Duluth,MN,55804

Investment Highlights

Rental property for sale in Duluth at 5322 Otsego St, Duluth, MN, 55804 generates $2,327/mo in rent and, after a $1,713/mo payment, leaves $142/mo in cash flow. Total monthly income is $2,327/mo, and annual cash flow is $1,698/yr on $116,025 invested. Return on cash invested sits at 21.37% in year one, and rental yield is 7.98% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 110.77% and total cumulative return in cash sums $128,522. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,327/mo property income rather than buyer’s personal income.