13151 60th St SWRaymondMN56282
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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 Raymond at 13151 60th St SW, Raymond, MN, 56282 generates $1,613/mo in rent, after a $1,689/mo payment. Total monthly income is $1,613/mo. Return on cash invested sits at 14.22% in year one, and rental yield is 5.61% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 72.45% and total cumulative return in cash sums $82,864. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,613/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
10.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56282, Raymond, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 649 (100%) |
| Owner Occupied HU | 476 (73.3%) |
| Renter Occupied HU | 107 (16.5%) |
| Vacant Housing Units | 66 (10.2%) |
| Median Home Value | $267,969 |
| Average Home Value | $330,609 |
Housing Distribution
Address Breakdown
Residential
506
Single Family
480
Multi-Family
26
Businesses
31
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Listed by: Lacey D Aalderks • RE/MAX Preferred Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6610824
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