5722 E Superior StDuluthMN55804
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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
Investment property for sale in Duluth at 5722 E Superior St, Duluth, MN, 55804 uses $135,882 cash to close to unlock $3,536/yr annual cash flow and $295/mo monthly cash flow. Total monthly income runs $2,854/mo, and a $2,006/mo payment keeps the spread at $295/mo. Purchase price stands at $409,900, and rental yield measures 8.36% with $2,854/mo rent. Return on cash invested shows 22.51% in year one, and 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 116.87% and total cumulative return in cash records $158,800. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,854/mo property income covering a $2,006/mo payment rather than investor’s personal income.
Single Family
Built in 1947
0.32 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Dee Furo • Messina & Associates Real Estate
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6114096
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 2024 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.