4717 Covington CirEaganMN55122
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 4717 Covington Cir, Eagan, MN, 55122 in Eagan. At $449,900 it earns $3,098/mo in rent and distributes $289/mo to the owner after the $2,133/mo payment, a consistent 8.26% yield. DSCR 1.45 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $124,299 in value; $3,771/yr in principal paydown compounds ownership stake. Total projected return: $180,813.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 5.8% |
| Monthly Cash Flow | $289 | $1,850 |
City averages based on Eagan market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,098 |
| Total Monthly Debt Service | $2,740 |
| DSCR Ratio | 1.13x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1981
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55122, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,132 (100%) |
| Owner Occupied HU | 9,366 (66.3%) |
| Renter Occupied HU | 4,317 (30.5%) |
| Vacant Housing Units | 449 ( 3.2%) |
| Median Home Value | $414,072 |
| Average Home Value | $458,508 |
Housing Distribution
Address Breakdown
Residential
14,319
Single Family
10,608
Multi-Family
3,711
Businesses
799
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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
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