Best ZIP Codes for Cash Flow in Bemidji, MN (2026)
Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 56685 | Waskish, MN | $155,845 | $891 | 4.46% | — |
| 2 | 56601 | Bemidji, MN | $292,668 | $1,357 | 3.62% | 6.3% |
| 3 | 56650 | Kelliher, MN | $193,090 | $891 | 3.60% | 4.8% |
| 4 | 56727 | Grygla, MN | $197,707 | $891 | 3.52% | 5.7% |
| 5 | 56667 | Puposky, MN | $245,278 | $1,062 | 3.38% | 7.8% |
| 6 | 56683 | Tenstrike, MN | $276,119 | $1,197 | 3.38% | 6.7% |
| 7 | 56676 | Shevlin, MN | $256,289 | $1,080 | 3.29% | 6.0% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Appreciation in Bemidji, MN · Affordable in Bemidji, MN
Or see the full Bemidji, MN metro profile.