2704 Aspen DrShakopeeMN55379
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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 2704 Aspen Dr, Shakopee, MN, 55379 generates $3,413/mo in rent, after a $3,395/mo payment. Total monthly income is $3,413/mo. Return on cash invested sits at 15.23% in year one, and rental yield is 5.91% on a $693,575 entry. Equity gained on principal adds $4,476/yr, while 5% annual appreciation builds toward $191,622 over five years. Five-year ROI reaches 77.79% and total cumulative return in cash sums $177,506. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,413/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
10,018 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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