1009 4th Ave EShakopeeMN55379
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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 Shakopee at 1009 4th Ave E, Shakopee, MN, 55379 uses $84,533 cash to close to unlock $5,001/yr annual cash flow and $417/mo monthly cash flow. Total monthly income runs $2,009/mo, and a $1,248/mo payment keeps the spread at $417/mo. Purchase price stands at $255,000, and rental yield measures 9.45% with $2,009/mo rent. Return on cash invested shows 25.83% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 134.63% and total cumulative return in cash records $113,804. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,009/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1982
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55379, Shakopee, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,479 (100%) |
| Owner Occupied HU | 13,313 (68.3%) |
| Renter Occupied HU | 5,116 (26.3%) |
| Vacant Housing Units | 1,050 ( 5.4%) |
| Median Home Value | $400,909 |
| Average Home Value | $444,615 |
Housing Distribution
Address Breakdown
Residential
18,544
Single Family
15,000
Multi-Family
3,544
Businesses
1,064
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