6317 Alderwood Bay APT CSaint PaulMN55125
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 6317 Alderwood Bay APT C, Saint Paul, MN, 55125 in Saint Paul worth modelling. At $139,800 with a 9.15% gross yield, the $1,066/mo rent leaves $193/mo after the $629/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.69 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $38,624 by year five; $1,288/yr in principal reduction adds further equity. Total projected return: $65,479.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.2% |
| Monthly Cash Flow | $193 | $485 |
City averages based on Saint Paul market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,066 |
| Total Monthly Debt Service | $817 |
| DSCR Ratio | 1.30x |
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 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55125, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,472 (100%) |
| Owner Occupied HU | 13,025 (74.5%) |
| Renter Occupied HU | 4,032 (23.1%) |
| Vacant Housing Units | 415 ( 2.4%) |
| Median Home Value | $431,767 |
| Average Home Value | $476,513 |
Housing Distribution
Address Breakdown
Residential
17,160
Single Family
14,939
Multi-Family
2,221
Businesses
1,464
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 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55125, Saint Paul, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,472 (100%) |
| Owner Occupied HU | 13,025 (74.5%) |
| Renter Occupied HU | 4,032 (23.1%) |
| Vacant Housing Units | 415 ( 2.4%) |
| Median Home Value | $431,767 |
| Average Home Value | $476,513 |
Housing Distribution
Address Breakdown
Residential
17,160
Single Family
14,939
Multi-Family
2,221
Businesses
1,464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James E. Yacoub • Northstar Real Estate Associates
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6813096