414 1st St SRaymondMN56282
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
Investment property for sale in Raymond at 414 1st St S, Raymond, MN, 56282 at $285,000 posts ROI 32.12% with $961/mo cash flow from $2,777/mo rent. Total monthly income equals $2,777/mo, and annual cash flow records $11,534/yr on $94,478 to close. Return on cash invested measures 32.12% and rental yield reads 11.69% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 168.59% and total cumulative return in cash totals $159,282.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,777/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
0.34 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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Nearby investment properties with comparable prices
Listed by: Mitch Ashburn • Edina Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6704522
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