5840 Tioga 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 5840 Tioga St, Duluth, MN, 55804 uses $96,135 cash to close to unlock $2,970/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $2,058/mo, and a $1,419/mo payment keeps the spread at $248/mo. Purchase price stands at $290,000, and rental yield measures 8.52% with $2,058/mo rent. Return on cash invested shows 23% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 119.51% and total cumulative return in cash records $114,892. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,058/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1941
6,969 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Casey Scrignoli • Messina & Associates Real Estate
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6121282
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.