7801 E Superior StDuluthMN55804
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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 7801 E Superior St, Duluth, MN, 55804 offers $2,274/mo rent that, after a $3,421/mo payment. Total monthly income is $2,274/mo. Return on cash invested measures 9.15% in year one, and rental yield stands at 3.9% at a $699,000 entry. Equity gained on principal adds $4,511/yr while 5% annual appreciation compounds into $193,121 by year five. Five-year ROI records 45.2% and total cumulative return in cash reaches $103,946. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,274/mo property income versus a $3,421/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
6 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Pam Lombardi • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6115631
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 2024 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.