Johnny B Goode Plan, Duluth MinnesotaHermantownMN55811
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 Hermantown at Johnny B Goode Plan, Duluth Minnesota, Hermantown, MN, 55811 offers a 9.45% rental yield on a $133,298 purchase with $1,050/mo rent. Total monthly income registers $1,050/mo, and a $652/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,617/yr on $44,188 to close, and return on cash invested stands at 25.83% in year one. Equity gained on principal adds $860/yr while 5% annual appreciation supports $36,828 over five years. Portfolio math shows five-year ROI at 134.79% and total cumulative return in cash at $59,562. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,050/mo property income against a $652/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55811, Duluth, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,344 (100%) |
| Owner Occupied HU | 7,647 (61.9%) |
| Renter Occupied HU | 3,951 (32.0%) |
| Vacant Housing Units | 746 ( 6.0%) |
| Median Home Value | $355,063 |
| Average Home Value | $393,087 |
Housing Distribution
Address Breakdown
Residential
11,971
Single Family
9,450
Multi-Family
2,521
Businesses
997
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Liechty Homes
Mls Name: Liechty Homes
Mls ID: #N/A