Martin Ray with Basement Plan, Bellwether by Del WebbCorcoranMN55374
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
Rental property for sale in Corcoran at Martin Ray with Basement Plan, Bellwether by Del Webb, Corcoran, MN, 55374 offers $3,323/mo rent that, after a $2,946/mo payment. Total monthly income is $3,323/mo. Return on cash invested measures 17.42% in year one, and rental yield stands at 6.62% at a $601,990 entry. Equity gained on principal adds $3,885/yr while 5% annual appreciation compounds into $166,319 by year five. Five-year ROI records 89.55% and total cumulative return in cash reaches $177,348. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,323/mo property income versus a $2,946/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 55374, Rogers, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,914 (100%) |
| Owner Occupied HU | 5,798 (83.9%) |
| Renter Occupied HU | 919 (13.3%) |
| Vacant Housing Units | 197 ( 2.8%) |
| Median Home Value | $461,435 |
| Average Home Value | $505,519 |
Housing Distribution
Address Breakdown
Residential
6,742
Single Family
5,896
Multi-Family
846
Businesses
615
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