Real Estate Investing in Raymond, Minnesota (56282)
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Should you buy in 56282 (Raymond, MN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.7% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Raymond, MN (56282)?
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Market Analysis: 56282 Raymond
From a cash-flow lens, ZIP 56282 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $265K median. It rewards specialists, not generalists.
The investment case in 56282 is sturdy only for operators who understand what they are buying. A $265K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Meanwhile, 56282 offers a low basis, the region around Raymond has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 56282 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 56282 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Raymond:
Market Trends
Home Value History (with trend line)
📊 How Does 56282 Compare?
| Metric | 56282 | Raymond | Willmar, MN | Minnesota |
|---|---|---|---|---|
| Home Value | $264,707 | $264,707 | N/A | $340,597 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 4.9% |
| Avg Rent | $945 | $945 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 56282 (Raymond, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $264,707 |
| Monthly Rent | $945 |
| Price-to-Rent | 23.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +8.8% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 56282
Population: 1,443
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Nearby Colleges & Universities
Investor Insight: With 1,690 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do home values compare in Raymond, MN?
The median home value in Raymond, MN is roughly $265K. That puts it reasonable relative to the MN statewide average.
Is it easy to find good tenants in Raymond, MN?
Raymond, MN offers a steady renter base at the $945/mo rent level. Tenant turnover is reasonable for well-managed properties.
Is Raymond, MN good for house hacking?
Raymond, MN is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $265K price point reasonable to enter.
How do landlord-tenant laws work in Raymond, MN?
The landlord environment in Raymond, MN is balanced. Statewide rules shape most day-to-day operations for rental owners.
Is Raymond, MN a good place for real estate investing?
The 3.0/5 investability rating in Raymond, MN reflects its $265K prices and $945/mo rents. Investors generally consider it a solid option within MN.
You know 56282 now. You don’t know where it ranks.
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How 56282 ranks in Willmar, MN
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