6077 Highway 194DuluthMN55811
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 6077 Highway 194, Duluth, MN, 55811 in Duluth. Priced at $259,900, it generates $3,840/mo in gross rent and $2,217/mo in net monthly cash flow, a 17.73% yield that comfortably supports the 3.28 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $26,605. Five-year appreciation: $71,806. Equity from principal paydown: $2,394/yr. Total projected cumulative return: $241,296.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.7% | 5.6% |
| Monthly Cash Flow | $2,217 | $650 |
City averages based on Duluth market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,840 |
| Total Monthly Debt Service | $1,520 |
| DSCR Ratio | 2.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1969
3.79 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
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
Single Family
Built in 1969
3.79 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices