7343 Derby LnShakopeeMN55379
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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 7343 Derby Ln, Shakopee, MN, 55379 generates $2,233/mo in rent and, after a $1,233/mo payment, leaves $660/mo in cash flow. Total monthly income is $2,233/mo, and annual cash flow is $7,918/yr on $83,538 invested. Return on cash invested sits at 29.39% in year one, and rental yield is 10.63% on a $252,000 entry. Equity gained on principal adds $1,626/yr, while 5% annual appreciation builds toward $69,623 over five years. Five-year ROI reaches 153.73% and total cumulative return in cash sums $128,426. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,233/mo property income rather than buyer’s personal income.
Townhouse
Built in 2000
1,742 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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