605 N 34th Ave EDuluthMN55804
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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
Rental property for sale in Duluth at 605 N 34th Ave E, Duluth, MN, 55804 generates $3,488/mo in rent and, after a $1,713/mo payment, leaves $1,303/mo in cash flow. Total monthly income is $3,488/mo, and annual cash flow is $15,630/yr on $116,025 invested. Return on cash invested sits at 33.38% in year one, and rental yield is 11.96% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 175.16% and total cumulative return in cash sums $203,234. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,488/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
6,969 sqft lot
$N/A/sqft
No HOA
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Listed by: Conner Linde • Real Estate Consultants
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6121007
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-29 02:52:18 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#939)