6373 Wynne Creek Rd UNIT 112DuluthMN55801
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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 6373 Wynne Creek Rd UNIT 112, Duluth, MN, 55801 earns $186/mo cash flow from $904/mo rent with a $563/mo payment. Total monthly income totals $904/mo, and annual cash flow totals $2,229/yr on $38,123 capital. ROI tracks 25.76% on current figures, and rental yield reads 9.43% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 134.28% and total cumulative return in cash sums $51,189. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $904/mo property income instead of your personal income.
Condo
Built in 1999
455 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55801, Duluth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36 (100%) |
| Owner Occupied HU | 23 (63.9%) |
| Renter Occupied HU | 2 ( 5.6%) |
| Vacant Housing Units | 11 (30.6%) |
| Median Home Value | $464,286 |
| Average Home Value | $519,565 |
Housing Distribution
Address Breakdown
Residential
55
Single Family
0
Multi-Family
0
Businesses
35
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Listed by: Julia Maki • B.I.C. Realty
Mls Name: Range AOR
Mls ID: #148168
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.