Mille Lacs Plan, Summerland Place - The Tradition CollectionShakopeeMN55379
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
Total monthly income totals $3,482/mo and a $2,413/mo payment preserves $403/mo for cash returns. Annual cash flow comes to $4,842/yr on $163,426 deployed, and return on cash invested reaches 22.87% in year one. Equity gained on principal adds $3,181/yr, and five-year appreciation sums $136,204 alongside rental yield of 8.48%. Five-year ROI measures 118.82% and total cumulative return in cash totals $194,175.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,482/mo property income versus a $2,413/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
N/A 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
