213 Ardennes Ave EShakopeeMN55379
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 213 Ardennes Ave E, Shakopee, MN, 55379 priced at $459,900 pairs $2,897/mo rent with $25/mo cash flow after a $2,251/mo payment. Total monthly income equals $2,897/mo, and annual cash flow comes to $302/yr on $152,457 invested. Return on cash invested is 20.11% in year one, and rental yield stands at 7.56% on a $459,900 basis. Equity gained on principal adds $2,968/yr, and 5% annual appreciation accumulates to $127,062 by year five. Five-year ROI measures 103.99% and total cumulative return in cash reaches $158,538. For financing, Ziffy Mortgage’s DSCR program evaluates $2,897/mo property income against a $2,251/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2009
8,276 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices