225 9th St E UNIT 409Saint PaulMN55101
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 225 9th St E UNIT 409, Saint Paul, MN, 55101 in Saint Paul at $224,900 earns $1,578/mo in rent and nets $174/mo after the $1,011/mo payment, a 8.42% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $62,136 over five years. Ziffy Mortgage underwrites this on a 1.56 DSCR without U.S. credit history. With $2,071/yr in principal paydown, total projected return reaches $96,555.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 5.2% |
| Monthly Cash Flow | $174 | $485 |
City averages based on Saint Paul market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,578 |
| Total Monthly Debt Service | $1,315 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1909
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
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
Condo
Built in 1909
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony M Sarenpa • Keller Williams Premier Realty Lake Minnetonka
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6801382