Real Estate Investing in Greenfield, Minnesota (55357)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55357 (Greenfield, 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 32.8 — 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 Greenfield, MN (55357)?
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Market Analysis: 55357 Greenfield
ZIP 55357 inside Hennepin County looks affordable on the surface — median value of $539K — but the discount exists for reasons that a careful buyer should understand before committing.
The investment case in 55357 is significant only for operators who understand what they are buying. A $539K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 55357 sits on the difficult end of the MN spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
The 55357 ZIP's population of 3,704 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
Distressed ZIPs reward experience. durable returns are possible in 55357, 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 Greenfield:
Property Strategy for 55357
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $383,760 | $1,520 | 2.9% | — | $191,880 |
| 3BR | $525,232 | $2,020 | 2.8% | +5.6% | $175,077 |
| 4BR | $675,934 | $2,270 | 2.4% | +6.8% | $168,983 |
| 5BR | $832,246 | — | — | — | $166,449 |
Market Trends
Home Value History (with trend line)
📊 How Does 55357 Compare?
| Metric | 55357 | Greenfield | Minnesota |
|---|---|---|---|
| Home Value | $538,894 | $538,894 | $340,597 |
| 5-Year CAGR | 4.6% | 4.6% | 4.9% |
| Avg Rent | $1,368 | $1,368 | - |
| Cap Rate | 2.0% | 2.0% | - |
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 55357 (Greenfield, MN). Anonymous, moderated, never written by AI.
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Property managers serving Hennepin County
Manage rentals here? List your business →JJS Property Management of Central Minnesota offers a wide choice of apartments in various areas including Avon, Buffalo, Milaca, Monticello, Royalton, Sartell, Sauk Rapids, St. Cloud, and St. Joseph. summary from their website
MGM Property Management, LLC provides property management services for rental properties, homeowner associations, and commercial tenants in the Twin Cities, Rochester, and St. Cloud areas. summary from their website
Simply Residential Property Management offers expert management of single-family, condominiums, and multi-family dwellings throughout the Twin Cities. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $538,894 |
| Monthly Rent | $1,368 |
| Price-to-Rent | 32.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.1% |
| Cap Rate | 2.0% |
| 5-Year IRR | 6.6% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +4.6% ▲ |
| 10-Year CAGR | +5.9% ▲ |
🏠 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 (2.0%). 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 55357
Population: 3,704
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
🎓 Nearby Colleges & Universities
Investor Insight: With 3,903 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Greenfield in MN worth investing in?
Greenfield, MN rates 3.0/5 for investability. With median values at $539K and rents near $1,368/mo, the market offers reasonable fundamentals for rental investors.
How expensive is real estate in Greenfield, MN?
In Greenfield, MN the median home value sits at $539K. Against the broader MN market, that reads as reasonable for most investors.
What strategy should investors use in Greenfield, MN?
Most investors in Greenfield, MN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
Does Greenfield, MN favor landlords or tenants?
Greenfield, MN falls under MN landlord-tenant law, which is balanced. That backdrop makes day-to-day property management reasonable.
Should investors worry about vacancy in Greenfield, MN?
Greenfield, MN carries elevated vacancy risk. Expect consistent absorption at market rents of $1,368/mo.
You know 55357 now. You don’t know where it ranks.
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How 55357 ranks in Minneapolis-St. Paul-Bloomington, MN-WI
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