6002 Tioga St,Duluth,MN,55804

Investment Highlights

Investment property for sale in Duluth at 6002 Tioga St, Duluth, MN, 55804 listed at $220,000 pairs $1,487/mo rent with a $1,077/mo payment to leave $113/mo cash flow. Total monthly income runs $1,487/mo, and annual cash flow reaches $1,356/yr on $72,930 cash to close. Return on cash invested measures 21.77% in year one, and rental yield registers 8.11% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 112.87% and total cumulative return in cash totals $82,319. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,487/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).