606 Maple Bend DrDuluthMN55811
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 606 Maple Bend Dr, Duluth, MN, 55811 uses $116,025 cash to close to unlock $2,514/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $2,395/mo, and a $1,713/mo payment keeps the spread at $210/mo. Purchase price stands at $350,000, and rental yield measures 8.21% with $2,395/mo rent. Return on cash invested shows 22.08% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 114.55% and total cumulative return in cash records $132,902. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,395/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1956
10,454 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stu Mattonen • Market Point Real Estate
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118906
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.