5818 Old Miller Trunk HwyDuluthMN55811
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
Investment property for sale in Duluth at 5818 Old Miller Trunk Hwy, Duluth, MN, 55811 earns $139/mo cash flow from $2,012/mo rent with a $1,468/mo payment. Total monthly income totals $2,012/mo, and annual cash flow totals $1,670/yr on $99,417 capital. ROI tracks 21.59% on current figures, and rental yield reads 8.05% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 111.96% and total cumulative return in cash sums $111,304. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,012/mo property income instead of your personal income.
Single Family
Built in 1953
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55811, Duluth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,344 (100%) |
| Owner Occupied HU | 7,647 (61.9%) |
| Renter Occupied HU | 3,951 (32.0%) |
| Vacant Housing Units | 746 ( 6.0%) |
| Median Home Value | $355,063 |
| Average Home Value | $393,087 |
Housing Distribution
Address Breakdown
Residential
11,971
Single Family
9,450
Multi-Family
2,521
Businesses
997
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Nearby investment properties with comparable prices
Listed by: Jon Nelson • Market Point Real Estate
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119693
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.