66 9th St #2501Saint PaulMN55101
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
Investment Highlights
Investment property for sale in Saint Paul at 66 9th St #2501, Saint Paul, MN, 55101 uses $39,780 cash to close to unlock $2,016/yr annual cash flow and $168/mo monthly cash flow. Total monthly income runs $917/mo, and a $587/mo payment keeps the spread at $168/mo. Purchase price stands at $120,000, and rental yield measures 9.17% with $917/mo rent. Return on cash invested shows 24.98% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 130.06% and total cumulative return in cash records $51,739. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $917/mo property income covering a $587/mo payment rather than investor’s personal income.
Condo
Built in 1983
0.58 Acres 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: Scott A Wojahn • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6807023