209 8th St E APT 201Saint PaulMN55101
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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
Total monthly income runs $2,116/mo, and a $1,860/mo payment. Purchase price stands at $380,000, and rental yield measures 6.68% with $2,116/mo rent. Return on cash invested shows 17.46% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 89.77% and total cumulative return in cash records $113,089. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,116/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55101, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,886 (100%) |
| Owner Occupied HU | 1,155 (19.6%) |
| Renter Occupied HU | 4,164 (70.7%) |
| Vacant Housing Units | 567 ( 9.6%) |
| Median Home Value | $276,736 |
| Average Home Value | $344,045 |
Housing Distribution
Address Breakdown
Residential
5,489
Single Family
29
Multi-Family
5,460
Businesses
768
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Listed by: Mitchell Culbreath • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7002161