552 Park StDuluthMN55803
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 552 Park St, Duluth, MN, 55803 priced at $244,900 pairs $2,383/mo rent with $844/mo cash flow after a $1,199/mo payment. Total monthly income equals $2,383/mo, and annual cash flow comes to $10,128/yr on $81,184 invested. Return on cash invested is 32.38% in year one, and rental yield stands at 11.68% on a $244,900 basis. Equity gained on principal adds $1,580/yr, and 5% annual appreciation accumulates to $67,661 by year five. Five-year ROI measures 169.86% and total cumulative return in cash reaches $137,897. For financing, Ziffy Mortgage’s DSCR program evaluates $2,383/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55803, Duluth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,457 (100%) |
| Owner Occupied HU | 5,987 (70.8%) |
| Renter Occupied HU | 1,401 (16.6%) |
| Vacant Housing Units | 1,069 (12.6%) |
| Median Home Value | $371,529 |
| Average Home Value | $418,064 |
Housing Distribution
Address Breakdown
Residential
8,049
Single Family
7,214
Multi-Family
835
Businesses
380
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Nearby investment properties with comparable prices
Listed by: Cynthia Hedlund • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6120460
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.