Birmingham Plan, Tavera : Lifestyle Villa CollectionCorcoranMN55340
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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 Corcoran at Birmingham Plan, Tavera: Lifestyle Villa Collection, Corcoran, MN, 55340 offers a 7.87% rental yield on a $567,990 purchase with $3,726/mo rent. Total monthly income registers $3,726/mo, and a $2,780/mo payment leaves $179/mo available for distribution. Annual cash flow reaches $2,151/yr on $186,869 to close, and return on cash invested stands at 21.21% in year one. Equity gained on principal adds $3,665/yr while 5% annual appreciation supports $156,925 over five years. Portfolio math shows five-year ROI at 109.88% and total cumulative return in cash at $205,326. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,726/mo property income against a $2,780/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55340, Hamel, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,990 (100%) |
| Owner Occupied HU | 3,632 (91.0%) |
| Renter Occupied HU | 220 ( 5.5%) |
| Vacant Housing Units | 138 ( 3.5%) |
| Median Home Value | $666,667 |
| Average Home Value | $725,686 |
Housing Distribution
Address Breakdown
Residential
3,831
Single Family
3,665
Multi-Family
166
Businesses
326
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