Best ZIP Codes for Cash Flow in Fergus Falls, 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 56533 Elizabeth, MN $221,369 $1,152 4.06% —
2 56482 Wadena, MN $218,764 $882 3.14% 5.8%
3 56453 Hewitt, MN $239,035 $927 3.02% 4.0%
4 56477 Sebeka, MN $259,080 $981 2.95% 4.9%
5 56437 Bertha, MN $232,558 $873 2.93% 6.5%
6 56537 Fergus Falls, MN $250,983 $914 2.84% 5.2%
7 56446 Eagle Bend, MN $253,822 $873 2.68% 5.9%
8 56527 Deer Creek, MN $260,336 $891 2.67% 4.8%
9 56534 Erhard, MN $335,563 $1,080 2.51% 6.0%
10 56551 Henning, MN $280,357 $873 2.43% 5.7%
11 56528 Dent, MN $408,597 $1,269 2.42% 7.2%
12 56567 New York Mills, MN $283,756 $873 2.40% 6.3%
13 56586 Underwood, MN $349,991 $1,035 2.31% 6.2%
14 56309 Ashby, MN $327,901 $918 2.18% 6.4%
15 56571 Ottertail, MN $377,874 $1,035 2.14% 6.1%
16 56324 Dalton, MN $335,938 $873 2.03% 5.9%
17 56573 Perham, MN $370,762 $873 1.84% 5.8%
18 56524 Clitherall, MN $433,685 $990 1.78% 5.4%
19 56576 Richville, MN $423,068 $963 1.78% 4.8%
20 56572 Pelican Rapids, MN $406,965 $882 1.69% 6.2%
21 56587 Vergas, MN $402,345 $873 1.69% 5.9%
22 56515 Battle Lake, MN $446,341 $963 1.68% 6.4%

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 Fergus Falls, MN  ·  Affordable in Fergus Falls, MN

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