Real Estate Investing in Cologne, Minnesota (55322)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55322 (Cologne, 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 26.4 — 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 Cologne, MN (55322)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 55322 Cologne
Investors eyeing 55322 need to respect the fundamentals at play. Home values of $462K come alongside slower price movement and elevated management overhead.
The 55322 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 55322 among MN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Employment concentration in 55322 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 55322 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Cologne:
Property Strategy for 55322
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $352,221 | $1,620 | 3.3% | +3.9% | $176,111 |
| 3BR | $426,401 | $2,140 | 3.6% | +4.6% | $142,134 |
| 4BR | $474,348 | $2,390 | 3.6% | +4.7% | $118,587 |
| 5BR | $522,690 | — | — | +4.2% | $104,538 |
Market Trends
Home Value History (with trend line)
📊 How Does 55322 Compare?
| Metric | 55322 | Cologne | Minnesota |
|---|---|---|---|
| Home Value | $462,175 | $462,175 | $340,597 |
| 5-Year CAGR | 2.9% | 2.9% | 4.9% |
| Avg Rent | $1,458 | $1,458 | - |
| 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 55322 (Cologne, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $462,175 |
| Monthly Rent | $1,458 |
| Price-to-Rent | 26.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 5.4% |
📈 Home Appreciation
| 1-Year | +4.4% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +2.9% ▲ |
| 10-Year CAGR | +4.8% ▲ |
🏠 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 55322
Population: 3,548
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 55322
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
How expensive is real estate in Cologne, MN?
Typical homes in Cologne, MN go for around $462K. The 5-year CAGR of 0.0% measured price movement.
What do rentals go for in Cologne, MN?
Rent in Cologne, MN is around $1,458/mo. The resulting rent-to-value relationship with $462K pricing is reasonable for most investor models.
Are landlord laws favorable in Cologne, MN?
MN law balanced for landlords, and Cologne inherits those rules. Investors should still review local ordinances for rental licensing.
What strategy should investors use in Cologne, MN?
For Cologne, MN, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How strong is tenant demand in Cologne, MN?
The renter base in Cologne, MN is reasonable for the $1,458/mo price point. Screening well and pricing to market typically yields stable tenants.
You know 55322 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 55322 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.
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