1065 Colby StSaint PaulMN55116
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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
Investment property for sale in Saint Paul at 1065 Colby St, Saint Paul, MN, 55116 offers a 4.77% rental yield on a $895,000 purchase with $3,559/mo rent. 79% in year one. Equity gained on principal adds $5,775/yr while 5% annual appreciation supports $247,272 over five years. Portfolio math shows five-year ROI at 59.32% and total cumulative return in cash at $174,674. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,559/mo property income against a $4,381/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55116, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 5,855 (45.3%) |
| Renter Occupied HU | 6,318 (48.9%) |
| Vacant Housing Units | 757 ( 5.9%) |
| Median Home Value | $440,737 |
| Average Home Value | $493,926 |
Housing Distribution
Address Breakdown
Residential
12,521
Single Family
6,308
Multi-Family
6,213
Businesses
476
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Listed by: Henry A. Edelstein • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6806189