1562 England WayShakopeeMN55379
Nearby investment properties with comparable rents
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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
Rental property for sale in Shakopee at 1562 England Way, Shakopee, MN, 55379 priced at $620,140 converts $3,413/mo rent into after a $3,035/mo obligation. Total monthly income equals $3,413/mo. Return on cash invested prints 17.26% in year one, and rental yield reads 6.6% against a $620,140 entry. Equity gained on principal adds $4,002/yr, while 5% annual appreciation compiles into $171,333 by year five. Five-year ROI reaches 88.73% and total cumulative return in cash sums $181,031. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,413/mo property income covering a $3,035/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.31 Acres lot
$N/A/sqft
$200 annually 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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Nearby investment properties with comparable prices
Listed by: Lennar Minnesota • Lennar Sales Corp
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6614973
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