5616 McQuade RdDuluthMN55804
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 5616 McQuade Rd, Duluth, MN, 55804 generates $2,854/mo in rent, after a $8,565/mo payment. Total monthly income is $2,854/mo. Return on cash invested sits at 3.28% in year one, and rental yield is 1.96% on a $1,750,000 entry. Equity gained on principal adds $11,292/yr, while 5% annual appreciation builds toward $483,493 over five years. Five-year ROI reaches 13.66% and total cumulative return in cash sums $77,457. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,854/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
29.74 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Benjamin Funke • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6121232
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.