Real Estate Investing in Mound, Minnesota (55364)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Hennepin County • Population: 13,959 • Data updated: September 2026

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Should you buy in 55364 (Mound, MN)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (56/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Mound, MN (55364)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $541,109
Avg Monthly Rent $2,272
1% Rule ✗ Does Not Meet
Median Income $119,063
% Renters 19.6%

Market Analysis: 55364 Mound

This part of Hennepin County is not an easy win. The 55364 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.

If the plan assumes clean turnover, on-time rent, and low maintenance on a $541K asset, 55364 is the wrong submarket. If the plan prices in friction, the yield can still work.

The gap between 55364 and stronger Mound ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Meanwhile, 13,959 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.

Strategically, 55364 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Mound:

C+ Average
Buy Confidence Score: 67/100
Affordability
15/25
Appreciation
18/25
Stability
11/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.5× the median income
Value Trend
Rising (+5.0%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $2,272/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 55364

Which property type performs best in this market?

Best for Cash Flow
1BR
3.6% cap rate
Best for Appreciation
5BR
+7.1% 5yr CAGR
Best Overall Value
3BR
$155,274/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $266,783 $1,320 3.6% +6.2% $266,783
2BR $325,656 $1,600 3.5% +4.6% $162,828
3BR $465,822 $2,120 3.3% +5.2% $155,274
4BR $749,302 $2,370 2.3% +6.4% $187,326
5BR $1,012,227 +7.1% $202,445

Market Trends

Home Value History (with trend line)

$568K$498K$428K$359K$289K$219KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,446$2,294$2,141$1,989$1,836$1,684Oct 2025Mar 2026Jun 2026

📊 How Does 55364 Compare?

Metric 55364 Mound Minnesota
Home Value $541,109 $541,109 $340,597
5-Year CAGR 3.6% 3.6% 4.9%
Avg Rent $2,272 $2,272 -
Cap Rate 3.3% 3.3% -
💡 Why Invest in 55364? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 55364 (Mound, 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

Small multifamily
Unclaimed — is this your business? Claim it free

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

Single-familySmall multifamilyCommercialHOA
Unclaimed — is this your business? Claim it free

Simply Residential Property Management offers expert management of single-family, condominiums, and multi-family dwellings throughout the Twin Cities. summary from their website

Single-familySmall multifamily
Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
3.3%
Low
5yr Growth
+3.6%
Moderate

📊 Market Snapshot

Home Value $541,109
Monthly Rent $2,272
Price-to-Rent 19.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.0%
Cap Rate 3.3%
5-Year IRR 6.8%

📈 Home Appreciation

1-Year +5.0% ▲
3-Year CAGR +2.6% ▲
5-Year CAGR +3.6% ▲
10-Year CAGR +5.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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.

Vacancy
6.3%
Low risk
Landlord Climate
3.0/5
Balanced
Value Trend (5yr)
+3.6%
Stable
Eviction process: Slow Rent control: Moderate

Demographics in 55364

Population: 13,959

💰 Median Household Income
$119,063
This area
$119,063
State
$77,168
USA
$74,580
🏠 Renter Occupied
19.6%
This area
19.6%
State
18.9%
USA
34.0%
💼 Unemployment Rate
2.7%
This area
2.7%
State
-3.2%
USA
3.7%
🎓 College Educated
52.4%
This area
52.4%
State
20.0%
USA
33.7%
👤 Median Age
45.8 years
This area
45.8 years
State
37.2 years
USA
38.9 years
🏚️ Vacancy Rate
6.3%
This area
6.3%
State
17.0%
USA
10.5%
👥 Population by Ethnicity
White 92.2%
Other/Mixed 5.8%
Hispanic/Latino 2.3%
Asian 1.1%
Black/African American 1.0%
👶 Under 18
21.2%
This area
21.2%
USA
22.0%
👴 65 and Over
18.0%
This area
18.0%
USA
17.3%
📊 Poverty Rate
2.2%
This area
2.2%
USA
11.5%

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 55364

B Avg School Grade
9 Schools
14.3:1 Avg Class Size
$17,204 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

SHIRLEY HILLS PRIMARY SCHOOL

📚 K – 04 Elementary
👥
445 Students
👨‍🏫
13.4:1 Class Size
💰
$17,204 Per Student
A Very Good

GRANDVIEW MIDDLE SCHOOL

📚 05 – 07 School
👥
549 Students
👨‍🏫
15.9:1 Class Size
💰
$17,204 Per Student
A Very Good

HILLTOP PRIMARY SCHOOL

📚 K – 04 Elementary
👥
465 Students
👨‍🏫
16.2:1 Class Size
💰
$17,204 Per Student
B+ Above Average

MOUND WESTONKA HIGH SCHOOL

📚 08 – 12 High School
👥
898 Students
👨‍🏫
17.4:1 Class Size
💰
$17,204 Per Student
B+ Above Average

Transition Plus

📚 Grade 12 High School
👥
13 Students
👨‍🏫
6.5:1 Class Size
💰
$17,204 Per Student
B Good

Westonka Sp Ed ECFE

📚 Grade PK Elementary
👥
58 Students
👨‍🏫
16.4:1 Class Size
💰
$17,204 Per Student
C Below Average

277 WESTONKA AREA LEARNING ACADEMY

📚 09 – 12 High School Limited Data
C Below Average

ALC WESTONKA - IS

📚 08 – 12 High School Limited Data
C Below Average

Mound Westonka HS ALC

📚 09 – 12 High School Limited Data
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

4 Nearby
C
Crown College
1,727 students · 5.0 mi
C
PCI Academy-Plymouth
114 students · 10.4 mi
C
Adler Graduate School
245 students · 13.3 mi
C
Herzing University-Minneapolis
752 students · 13.4 mi

Frequently Asked Questions

What is the typical renter like in Mound, MN?

Tenant demand in Mound, MN is solid. The local workforce $2,272/mo rents across most rental classes.

How high is vacancy risk in Mound, MN?

Mound, MN sees elevated vacancy, which is reasonable relative to the broader MN rental market.

What is the median home value in Mound, MN?

Mound, MN median home values land near $541K. That is reasonable territory for investors looking at $2,272/mo-per-month rentals.

How landlord-friendly is Mound, MN?

MN ranks as a balanced state for landlord-tenant law. Mound generally follows the statewide framework, so landlords face reasonable operating rules.

What approach is best for Mound, MN real estate?

Mound, MN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($541K prices, $2,272/mo rents) make it a reasonable choice.

You know 55364 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 55364 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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How 55364 ranks in Minneapolis-St. Paul-Bloomington, MN-WI

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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