2474 La Tour DrShakopeeMN55379
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 2474 La Tour Dr, Shakopee, MN, 55379 offers $3,413/mo rent that, after a $2,890/mo payment. Total monthly income is $3,413/mo. Return on cash invested measures 18.37% in year one, and rental yield stands at 6.94% at a $590,525 entry. Equity gained on principal adds $3,811/yr while 5% annual appreciation compounds into $163,151 by year five. Five-year ROI records 94.6% and total cumulative return in cash reaches $183,793. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,413/mo property income versus a $2,890/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
9,147 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: Lindsey Lau • D.R. Horton, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6702422
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