804 N 20th Ave EDuluthMN55812
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 804 N 20th Ave E, Duluth, MN, 55812 offers a 11.4% rental yield on a $247,500 purchase with $2,352/mo rent. Total monthly income registers $2,352/mo, and a $1,211/mo payment leaves $747/mo available for distribution. Annual cash flow reaches $8,960/yr on $82,046 to close, and return on cash invested stands at 30.83% in year one. Equity gained on principal adds $1,597/yr while 5% annual appreciation supports $68,380 over five years. Portfolio math shows five-year ROI at 161.81% and total cumulative return in cash at $132,761. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,352/mo property income against a $1,211/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55812, Duluth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,847 (100%) |
| Owner Occupied HU | 1,525 (39.6%) |
| Renter Occupied HU | 2,024 (52.6%) |
| Vacant Housing Units | 298 ( 7.7%) |
| Median Home Value | $382,580 |
| Average Home Value | $441,516 |
Housing Distribution
Address Breakdown
Residential
3,696
Single Family
2,908
Multi-Family
788
Businesses
151
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracy Ramsay • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119889
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.