Real Estate Investing in Darwin, Minnesota (55324)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55324 (Darwin, MN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 33.9% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 37.9 — 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 Darwin, MN (55324)?
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Market Analysis: 55324 Darwin
The 55324 ZIP covers a section of Darwin that demands careful diligence. Prices near $397K look accessible, but the work to make a deal cash flow is real.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $397K asset, 55324 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader MN picture, 55324 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 55324 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
leans the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Darwin:
Market Trends
Home Value History (with trend line)
📊 How Does 55324 Compare?
| Metric | 55324 | Darwin | Minnesota |
|---|---|---|---|
| Home Value | $396,700 | $396,700 | $340,597 |
| 5-Year CAGR | 7.0% | 7.0% | 4.9% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 1.7% | 1.7% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 55324 (Darwin, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $396,700 |
| Monthly Rent | $873 |
| Price-to-Rent | 37.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.6% |
| Cap Rate | 1.7% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +12.3% ▲ |
| 3-Year CAGR | +7.1% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 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 (1.7%). 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 55324
Population: 1,193
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
Frequently Asked Questions
What is the typical rental rate in Darwin, MN?
Rental rates in Darwin, MN average $873/mo. Tenant demand and $397K home values make the yield look reasonable by investor standards.
How strong is the working-renter base in Darwin, MN?
Expect a solid tenant pool in Darwin, MN. The rental market absorbs $873/mo rents without meaningful friction.
Is Darwin in MN worth investing in?
Yes - Darwin, MN a 3.0/5 investability score. With $397K home prices against $873/mo monthly rent, the market delivers a reasonable entry point for new investors.
What does house hacking look like in Darwin, MN?
House hacking in Darwin, MN is a challenging. With home values around $397K and rents at $873/mo, owner-occupants can offset a meaningful share of PITI.
Do landlords face vacancy issues in Darwin, MN?
Vacancy risk in Darwin, MN is elevated. That supports steady cash flow for typical rental holds.
You know 55324 now. You don’t know where it ranks.
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