2044 Meridian CtShakopeeMN55379
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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 2044 Meridian Ct, Shakopee, MN, 55379 earns $712/mo cash flow from $3,272/mo rent with a $2,007/mo payment. Total monthly income totals $3,272/mo, and annual cash flow totals $8,538/yr on $135,915 capital. ROI tracks 26.19% on current figures, and rental yield reads 9.58% at a $410,000 purchase. Equity gained on principal adds $2,646/yr, and 5% annual appreciation supports $113,275 over five years. Five-year ROI reaches 136.62% and total cumulative return in cash sums $185,687. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,272/mo property income instead of your personal income.
Single Family
Built in 2000
9,583 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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