1860 Rainier DrShakopeeMN55379
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
Investment property for sale in Shakopee at 1860 Rainier Dr, Shakopee, MN, 55379 offers a 7.67% rental yield on a $533,935 purchase with $3,413/mo rent. Total monthly income registers $3,413/mo, and a $2,613/mo payment leaves $60/mo available for distribution. Annual cash flow reaches $718/yr on $175,665 to close, and return on cash invested stands at 20.47% in year one. Equity gained on principal adds $3,445/yr while 5% annual appreciation supports $147,516 over five years. Portfolio math shows five-year ROI at 105.92% and total cumulative return in cash at $186,066. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,413/mo property income against a $2,613/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
8,712 sqft lot
$N/A/sqft
$58 quarterly 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: Lindsey Lau • D.R. Horton, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6496411
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