Real Estate Investing in Norwood Young America, Minnesota (55368)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55368 (Norwood Young America, 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.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Norwood Young America, MN (55368)?
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Market Analysis: 55368 Norwood Young America
Investors eyeing 55368 need to respect the fundamentals at play. Home values of $365K come alongside slower price movement and elevated management overhead.
Distressed markets are won on execution, not on spreadsheets. ZIP 55368 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within MN, ZIP 55368 trails on several market indicators that neighboring Carver County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
The 55368 ZIP's population of 1,856 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Experienced landlords with local relationships tend to find 55368 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 Norwood Young America:
Property Strategy for 55368
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $242,820 | $1,550 | 4.6% | +5.0% | $121,410 |
| 3BR | $320,347 | $2,050 | 4.6% | +5.1% | $106,782 |
| 4BR | $385,929 | $2,300 | 4.3% | +5.0% | $96,482 |
Market Trends
Home Value History (with trend line)
📊 How Does 55368 Compare?
| Metric | 55368 | Norwood Young America | Minnesota |
|---|---|---|---|
| Home Value | $364,947 | $358,036 | $340,597 |
| 5-Year CAGR | 4.4% | 3.8% | 4.9% |
| Avg Rent | $1,395 | $1,382 | - |
| Cap Rate | 3.0% | 3.0% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 55368 (Norwood Young America, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $364,947 |
| Monthly Rent | $1,395 |
| Price-to-Rent | 21.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +3.6% ▲ |
| 5-Year CAGR | +4.4% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 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 (3.0%). 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 55368
Population: 1,856
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 55368
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
What approach is best for Norwood Young America, MN real estate?
In Norwood Young America, MN the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $365K prices and $1,395/mo rents suits that approach.
What is the typical home price in Norwood Young America, MN?
Norwood Young America, MN home values average about $365K. That price point suits investors targeting rentals with $1,395/mo in monthly income.
Are rents high in Norwood Young America, MN?
The typical rental in Norwood Young America, MN commands about $1,395/mo monthly. That rent profile even-keeled cash flow against the $365K purchase basis.
How quickly do rentals get leased in Norwood Young America, MN?
Occupancy in Norwood Young America, MN runs stable with elevated vacancy. Well-priced units at $1,395/mo lease on reasonable timelines.
Is MN a landlord-friendly state?
For rental operators, Norwood Young America, MN rates as balanced. The regulatory environment standard buy-and-hold operations.
You know 55368 now. You don’t know where it ranks.
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