Real Estate Investing in Warsaw, Minnesota (55087)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55087 (Warsaw, 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 vacancy: 16.2% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Warsaw, MN (55087)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 55087 Warsaw
ZIP 55087 inside Rice County looks affordable on the surface — median value of $269K — but the discount exists for reasons that a careful buyer should understand before committing.
The 55087 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
ZIP 55087's metrics run below Rice County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Meanwhile, 425 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. significant returns are possible in 55087, 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 Warsaw:
Market Trends
Home Value History (with trend line)
📊 How Does 55087 Compare?
| Metric | 55087 | Warsaw | Faribault-Northfield, MN | Minnesota |
|---|---|---|---|---|
| Home Value | $268,896 | $268,896 | N/A | $340,597 |
| 5-Year CAGR | 4.7% | 4.7% | N/A | 4.9% |
| Avg Rent | $1,089 | $1,089 | N/A | - |
| Cap Rate | 3.2% | 3.2% | - | - |
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 55087 (Warsaw, MN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 55087 (Warsaw, MN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $268,896 |
| Monthly Rent | $1,089 |
| Price-to-Rent | 20.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.9% |
| Cap Rate | 3.2% |
| 5-Year IRR | 7.8% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (3.2%). 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 55087
Population: 425
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 55087
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
WATERVILLE-ELYSIAN-MORRISTOWN JR.
MORRISTOWN ELEMENTARY
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.
Frequently Asked Questions
What is the average home sale price in Warsaw, MN?
Expect median prices around $269K in Warsaw, MN. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.
What is it like being a landlord in Warsaw, MN?
MN ranks as a balanced state for landlord-tenant law. Warsaw generally follows the statewide framework, so landlords face reasonable operating rules.
How much rent can I charge in Warsaw, MN?
Rents in Warsaw, MN run near $1,089/mo. Compared with median home prices of $269K that produces solid gross yields for typical rentals.
Does house hacking make sense in Warsaw, MN?
House hacking in Warsaw, MN is reasonable to execute. Prices around $269K and rents of $1,089/mo solid owner-occupant economics.
How qualified is the tenant pool in Warsaw, MN?
Expect a solid tenant pool in Warsaw, MN. The rental market absorbs $1,089/mo rents without meaningful friction.
You know 55087 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 55087 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 55087 ranks in Faribault-Northfield, MN
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 55087 (Warsaw)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 55087 (Warsaw, MN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.