8353 Congdon Blvd #8353, Duluth, MN, 55804 | 2.93% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1350 sft

1229 W Arrowhead Rd, Duluth, MN, 55811

2 Bed
1 Bath
840 sft

727 11th Ave, Two Harbors, MN, 55616

3 Bed
1 Bath
1043 sft

5236 Lavaque Junction Rd, Duluth, MN, 55811

3 Bed
1 Bath
1366 sft

2721 N 23rd St, Superior, WI, 54880

Nearby investment properties with comparable prices

4 Bed
3 Bath
2560 sft

8610 Maynard Pl, Duluth, MN, 55808

4 Bed
2 Bath
2364 sft

5607 Skogvei Rd, Duluth, MN, 55803

2 Bed
2 Bath
1926 sft

3974 W Pioneer Rd, Duluth, MN, 55803

4 Bed
3 Bath
2700 sft

4929 Wild Rose Trl, Duluth, MN, 55811

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Duluth at 8353 Congdon Blvd #8353, Duluth, MN, 55804 offers a 2.93% rental yield on a $959,900 purchase with $2,347/mo rent. 2% in year one. Equity gained on principal adds $6,194/yr while 5% annual appreciation supports $265,203 over five years. Portfolio math shows five-year ROI at 29.39% and total cumulative return in cash at $92,810. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,347/mo property income against a $4,698/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2008

435.60 sqft lot

$N/A/sqft

No HOA