Real Estate Investing in Fridley, Minnesota (55432)
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Should you buy in 55432 (Fridley, 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.
No major risk flags on the data we track.
What’s happening in Fridley, MN (55432)?
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Market Analysis: 55432 Fridley
The 55432 ZIP covers a section of Fridley that demands careful diligence. Prices near $327K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 55432 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within MN, ZIP 55432 trails on several market indicators that neighboring Anoka County submarkets outperform. The gap is real and significant enough to shape underwriting.
Employment concentration in 55432 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. impressive returns are possible in 55432, 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 Fridley:
Property Strategy for 55432
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $132,453 | $1,310 | 7.1% | +2.2% | $132,453 |
| 2BR | $264,945 | $1,590 | 4.3% | +4.5% | $132,473 |
| 3BR | $317,655 | $2,100 | 4.8% | +5.2% | $105,885 |
| 4BR | $352,239 | $2,350 | 4.8% | +4.9% | $88,060 |
| 5BR | $384,580 | — | — | +5.1% | $76,916 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 55432 Compare?
| Metric | 55432 | Fridley | Minnesota |
|---|---|---|---|
| Home Value | $327,122 | $327,122 | $340,597 |
| 5-Year CAGR | 3.0% | 3.0% | 4.9% |
| Avg Rent | $1,453 | $1,453 | - |
| Cap Rate | 3.5% | 3.5% | - |
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 55432 (Fridley, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $327,122 |
| Monthly Rent | $1,453 |
| Price-to-Rent | 18.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.3% |
| Cap Rate | 3.5% |
| 5-Year IRR | 6.5% |
📈 Home Appreciation
| 1-Year | +5.1% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | +6.1% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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 55432
Population: 32,935
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 55432
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
Investor Insight: With 5,797 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Fridley, MN better for rentals, flips, or BRRRR?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Fridley, MN. The numbers - $327K homes against $1,453/mo rents - support that play.
What is the average monthly rent in Fridley, MN?
Investors in Fridley, MN typically see rents near $1,453/mo per month against $327K home values - a solid setup for rental cash flow.
Where do home prices stand in Fridley, MN?
Typical homes in Fridley, MN go for around $327K. The 5-year CAGR of 0.0% consistent price movement.
Is the tenant base reliable in Fridley, MN?
Fridley, MN offers a even-keeled renter base at the $1,453/mo rent level. Tenant turnover is reasonable for well-managed properties.
What is the investability score for Fridley, MN?
The 3.0/5 investability rating in Fridley, MN reflects its $327K prices and $1,453/mo rents. Investors generally consider it a solid option within MN.
You know 55432 now. You don’t know where it ranks.
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