668 Cobblestone WayShakopeeMN55379
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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 668 Cobblestone Way, Shakopee, MN, 55379 at $229,000 posts ROI 33.04% with $831/mo cash flow from $2,261/mo rent. Total monthly income equals $2,261/mo, and annual cash flow records $9,970/yr on $75,914 to close. Return on cash invested measures 33.04% and rental yield reads 11.85% at the current $229,000. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 by year five. Five-year ROI prints 173.35% and total cumulative return in cash totals $131,597.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,261/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2004
871.20 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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