6417 Cody StDuluthMN55807
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
Rental property for sale in Duluth at 6417 Cody St, Duluth, MN, 55807 priced at $265,000 pairs $2,077/mo rent with $422/mo cash flow after a $1,297/mo payment. Total monthly income equals $2,077/mo, and annual cash flow comes to $5,067/yr on $87,848 invested. Return on cash invested is 25.68% in year one, and rental yield stands at 9.41% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 133.89% and total cumulative return in cash reaches $117,615. For financing, Ziffy Mortgage’s DSCR program evaluates $2,077/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55807, Duluth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,523 (100%) |
| Owner Occupied HU | 2,737 (60.5%) |
| Renter Occupied HU | 1,518 (33.6%) |
| Vacant Housing Units | 268 ( 5.9%) |
| Median Home Value | $186,574 |
| Average Home Value | $250,443 |
Housing Distribution
Address Breakdown
Residential
4,509
Single Family
4,025
Multi-Family
484
Businesses
362
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Nearby investment properties with comparable prices
Listed by: Stephanie Cooke • Hillman Realty & Appraisal
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118101
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.