Real Estate Investing in Scandia, Minnesota (55073)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55073 (Scandia, MN)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
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 33.7 — 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 Scandia, MN (55073)?
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Market Analysis: 55073 Scandia
The 55073 ZIP in Scandia, MN is a local-operator market. Outside capital chasing a $554K entry has to pair deep knowledge with the discount.
Rent of $1,368/mo on a $554K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 55073 sits below the stated 0.0% once reality is priced in.
Nearby ZIPs in Scandia have seen price recovery that 55073 has not matched. Washington County data supports the view that the spread is structural rather than temporary.
The 55073 ZIP's population of 4,145 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
New investors are better served looking at Scandia's stable or hybrid ZIPs before stepping into 55073. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Scandia:
Property Strategy for 55073
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $459,508 | $1,520 | 2.4% | +6.1% | $229,754 |
| 3BR | $498,588 | $2,020 | 2.9% | +5.8% | $166,196 |
| 4BR | $570,245 | $2,270 | 2.9% | +6.4% | $142,561 |
| 5BR | $639,484 | — | — | +6.7% | $127,897 |
Market Trends
Home Value History (with trend line)
📊 How Does 55073 Compare?
| Metric | 55073 | Scandia | Minnesota |
|---|---|---|---|
| Home Value | $553,758 | $553,758 | $340,597 |
| 5-Year CAGR | 4.2% | 4.2% | 4.9% |
| Avg Rent | $1,368 | $1,368 | - |
| Cap Rate | 1.9% | 1.9% | - |
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 55073 (Scandia, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $553,758 |
| Monthly Rent | $1,368 |
| Price-to-Rent | 33.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 1.9% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 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 (1.9%). 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 55073
Population: 4,145
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 55073
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
Frequently Asked Questions
Is Scandia, MN a good market for buy-and-hold investors?
Scandia, MN rates 3.0/5 for investability. With median values at $554K and rents near $1,368/mo, the market offers reasonable fundamentals for rental investors.
What approach is best for Scandia, MN real estate?
Scandia, MN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($554K prices, $1,368/mo rents) make it a reasonable choice.
Is MN a landlord-friendly state?
MN ranks as a balanced state for landlord-tenant law. Scandia generally follows the statewide framework, so landlords face reasonable operating rules.
What is the typical renter like in Scandia, MN?
Tenant demand in Scandia, MN is solid. The local workforce $1,368/mo rents across most rental classes.
How much is rent in Scandia, MN?
Average rent in Scandia, MN is approximately $1,368/mo per month. Against $554K home values that yields a reasonable rent-to-price ratio.
You know 55073 now. You don’t know where it ranks.
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