66 9th St UNIT 1613Saint PaulMN55101
INVESTMENT ANALYSIS
Investment Verdict
Solid Income66 9th St UNIT 1613, Saint Paul, MN, 55101 in Saint Paul earns a respectable 9.15% gross yield at $142,500, but after the $641/mo mortgage the net cash flow is $197/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.70) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $39,370 over five years, making equity the dominant return driver. Total projected return: $66,749.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.2% |
| Monthly Cash Flow | $197 | $485 |
City averages based on Saint Paul market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,087 |
| Total Monthly Debt Service | $833 |
| 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 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
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 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: Pamela J. Wilson • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6806083