Schult Legend 518 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 Schult Legend 518 Plan, Duluth Minnesota, Hermantown, MN, 55811 at $148,633 posts ROI 25.59% with $233/mo cash flow from $1,161/mo rent. Total monthly income equals $1,161/mo, and annual cash flow records $2,800/yr on $49,272 to close. Return on cash invested measures 25.59% and rental yield reads 9.37% at the current $148,633. Equity gained on principal adds $959/yr, and 5% annual appreciation supports $41,065 by year five. Five-year ROI prints 133.46% and total cumulative return in cash totals $65,757.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,161/mo property income rather than your personal income records (W2s, Paystubs, 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