108 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 108 4th Ave E, Shakopee, MN, 55379 uses $62,952 cash to close to unlock $19,085/yr annual cash flow and $1,590/mo monthly cash flow. Total monthly income runs $2,810/mo, and a $929/mo payment keeps the spread at $1,590/mo. Purchase price stands at $189,900, and rental yield measures 17.76% with $2,810/mo rent. Return on cash invested shows 50.23% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 265.75% and total cumulative return in cash records $167,297. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,810/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1910
8,712 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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Listed by: Kevin Burns • RE/MAX Results
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6757309
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