Real Estate Investing in Bayport, Minnesota (55003)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55003 (Bayport, 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.
- High price-to-rent: Price-to-rent ratio 25.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bayport, MN (55003)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 55003 Bayport
Not every below-median market is a bargain. Bayport's 55003 ZIP registers signals that favor experienced operators who can absorb the risk $444K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $444K asset, 55003 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Bayport have seen price recovery that 55003 has not matched. Washington County data supports the view that the spread is structural rather than temporary.
Who lives in 55003 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Distressed ZIPs reward experience. substantial returns are possible in 55003, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Bayport:
Property Strategy for 55003
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $299,246 | $1,590 | 3.8% | +6.1% | $149,623 |
| 3BR | $400,929 | $2,100 | 3.8% | +5.5% | $133,643 |
| 4BR | $568,437 | $2,350 | 3.0% | +5.9% | $142,109 |
Market Trends
Home Value History (with trend line)
📊 How Does 55003 Compare?
| Metric | 55003 | Bayport | Minnesota |
|---|---|---|---|
| Home Value | $443,944 | $443,944 | $340,597 |
| 5-Year CAGR | 3.8% | 3.8% | 4.9% |
| Avg Rent | $1,431 | $1,431 | - |
| Cap Rate | 2.5% | 2.5% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 55003 (Bayport, MN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 55003 (Bayport, MN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $443,944 |
| Monthly Rent | $1,431 |
| Price-to-Rent | 25.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 6.3% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +3.0% ▲ |
| 5-Year CAGR | +3.8% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 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 (2.5%). 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 55003
Population: 3,948
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
🎓 Schools in 55003
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 4,259 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in Bayport, MN?
The median home value in Bayport, MN is roughly $444K. That puts it reasonable relative to the MN statewide average.
Are renters plentiful in Bayport, MN?
Tenant demand in Bayport, MN is solid. The local workforce $1,431/mo rents across most rental classes.
Is house hacking profitable in Bayport, MN?
House hacking in Bayport, MN is a challenging. With home values around $444K and rents at $1,431/mo, owner-occupants can offset a meaningful share of PITI.
Are there empty rentals in Bayport, MN?
Expect elevated vacancy in Bayport, MN. Rents at $1,431/mo are absorbed by the tenant base without meaningful lag.
What monthly rent should investors expect in Bayport, MN?
Rent in Bayport, MN is around $1,431/mo. The resulting rent-to-value relationship with $444K pricing is reasonable for most investor models.
You know 55003 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 55003 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 55003 ranks in Minneapolis-St. Paul-Bloomington, MN-WI
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 55003 (Bayport)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 55003 (Bayport, MN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.