66 9th St UNIT 1613Saint PaulMN55101
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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
Investment Highlights
Investment property for sale in Saint Paul at 66 9th St UNIT 1613, Saint Paul, MN, 55101 offers a 9.15% rental yield on a $142,500 purchase with $1,087/mo rent. Total monthly income registers $1,087/mo, and a $697/mo payment leaves $198/mo available for distribution. Annual cash flow reaches $2,371/yr on $47,239 to close, and return on cash invested stands at 24.93% in year one. Equity gained on principal adds $920/yr while 5% annual appreciation supports $39,370 over five years. Portfolio math shows five-year ROI at 129.84% and total cumulative return in cash at $61,335. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,087/mo property income against a $697/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Pamela J. Wilson • eXp Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6806083