Real Estate Investing in Coon Rapids, Minnesota (55433)

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

Anoka County • Population: 34,423 • Data updated: September 2026

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Should you buy in 55433 (Coon Rapids, MN)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (73/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 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 Coon Rapids, MN (55433)?

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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 $327,378
Avg Monthly Rent $1,655
1% Rule ✗ Does Not Meet
Median Income $77,721
% Renters 32.1%

Market Analysis: 55433 Coon Rapids

The 55433 ZIP in Coon Rapids, MN is a local-operator market. Outside capital chasing a $327K entry has to pair deep knowledge with the discount.

For an experienced owner, 55433 can be a a strong candidate for hunting ground — but the discount at $327K reflects genuine risk that outside investors often underestimate.

ZIP 55433's metrics run below Anoka County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

The 55433 ZIP's population of 34,423 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.

New investors are better served looking at Coon Rapids's stable or hybrid ZIPs before stepping into 55433. The learning curve here is expensive when the lesson is wrong.

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 Coon Rapids:

C+ Average
Buy Confidence Score: 69/100
Affordability
15/25
Appreciation
18/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.2× the median income
Value Trend
Rising (+5.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,655/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 55433

Which property type performs best in this market?

Best for Cash Flow
4BR
5.0% cap rate
Best for Appreciation
3BR
+5.4% 5yr CAGR
Best Overall Value
5BR
$74,145/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $255,669 $1,640 4.6% +4.7% $127,835
3BR $315,995 $2,170 4.9% +5.4% $105,332
4BR $351,442 $2,430 5.0% +5.3% $87,861
5BR $370,727 +5.2% $74,145

Market Trends

Home Value History (with trend line)

$346K$297K$247K$198K$148K$99KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,684$1,630$1,575$1,521$1,467$1,413Dec 2022Oct 2024Jul 2026

📊 How Does 55433 Compare?

Metric 55433 Coon Rapids Minnesota
Home Value $327,378 $337,116 $340,597
5-Year CAGR 3.2% 3.0% 4.9%
Avg Rent $1,655 $1,770 -
Cap Rate 3.9% 4.1% -
💡 Why Invest in 55433? 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 →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 55433 (Coon Rapids, MN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.9%
Low
5yr Growth
+3.2%
Moderate

📊 Market Snapshot

Home Value $327,378
Monthly Rent $1,655
Price-to-Rent 16.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.1%
Cap Rate 3.9%
5-Year IRR 7.1%

📈 Home Appreciation

1-Year +5.3% ▲
3-Year CAGR +3.1% ▲
5-Year CAGR +3.2% ▲
10-Year CAGR +6.3% ▲

🏠 Rent Trends

1-Year +2.2% ▲
3-Year CAGR +2.8% ▲
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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
2.3%
Low risk
Landlord Climate
3.0/5
Balanced
Value Trend (5yr)
+3.2%
Stable
Eviction process: Slow Rent control: Moderate

Demographics in 55433

Population: 34,423

💰 Median Household Income
$77,721
This area
$77,721
State
$77,168
USA
$74,580
🏠 Renter Occupied
32.1%
This area
32.1%
State
18.9%
USA
34.0%
💼 Unemployment Rate
3.0%
This area
3.0%
State
-3.2%
USA
3.7%
🎓 College Educated
23.1%
This area
23.1%
State
20.0%
USA
33.7%
👤 Median Age
38.5 years
This area
38.5 years
State
37.2 years
USA
38.9 years
🏚️ Vacancy Rate
2.3%
This area
2.3%
State
17.0%
USA
10.5%
👥 Population by Ethnicity
White 76.0%
Other/Mixed 9.3%
Black/African American 8.8%
Asian 6.0%
Hispanic/Latino 2.2%
👶 Under 18
21.3%
This area
21.3%
USA
22.0%
👴 65 and Over
17.5%
This area
17.5%
USA
17.3%
📊 Poverty Rate
7.7%
This area
7.7%
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 55433

B Avg School Grade
13 Schools
11.7:1 Avg Class Size
$16,489 Avg Per Pupil

Schools in This ZIP Code

A Very Good

HAMILTON ELEMENTARY

📚 K – 05 Elementary
👥
378 Students
👨‍🏫
11.8:1 Class Size
💰
$16,817 Per Student
A Very Good

ADAMS ELEMENTARY

📚 Pre-K – 05 Elementary
👥
493 Students
👨‍🏫
12.1:1 Class Size
💰
$16,817 Per Student
A Very Good

Hoover Elementary BioMed Sci Egng

📚 K – 05 Elementary
👥
455 Students
👨‍🏫
12.3:1 Class Size
💰
$16,817 Per Student
A Very Good

MISSISSIPPI ELEMENTARY

📚 K – 05 Elementary
👥
461 Students
👨‍🏫
13.7:1 Class Size
💰
$16,817 Per Student
B+ Above Average

MORRIS BYE ELEMENTARY

📚 K – 05 Elementary
👥
440 Students
👨‍🏫
15.3:1 Class Size
💰
$16,817 Per Student
B+ Above Average

COON RAPIDS MIDDLE SCHOOL

📚 06 – 08 Middle
👥
1,353 Students
👨‍🏫
14.2:1 Class Size
💰
$16,817 Per Student
B+ Above Average

Pathways

📚 Grade 12 High School
👥
112 Students
👨‍🏫
7.0:1 Class Size
💰
$16,817 Per Student
B+ Above Average
👥
165 Students
👨‍🏫
2.1:1 Class Size
💰
$16,817 Per Student
B+ Above Average

Innovation Sci & Tech Elementary

📚 Pre-K – 05 Elementary Charter
👥
64 Students
👨‍🏫
9.5:1 Class Size
💰
$14,688 Per Student
C+ Average

Coon Rapids High School

📚 09 – 12 High School
👥
2,147 Students
👨‍🏫
18.6:1 Class Size
💰
$16,817 Per Student
C Below Average

Anoka-Hennepin Regn HS Summer Prog

📚 08 – 12 High School Limited Data
💰
$16,817 Per Student
C Below Average

Anoka-Hennepin Regn Night School

📚 09 – 12 High School Limited Data
💰
$16,817 Per Student
C Below Average

Innovation Sci & Tech Middle

📚 06 – 07 Middle Charter
👥
14 Students
💰
$14,688 Per Student
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

8 Nearby 6,491 Off-Campus Students
C
Anoka-Ramsey Community College
7,843 students · 1.9 mi
D
Empire Beauty School-Spring Lake Park
80 students · 4.0 mi
C
North Hennepin Community College
5,195 students · 4.7 mi
C
Hennepin Technical College
3,891 students · 6.0 mi
C
Anoka Technical College
1,822 students · 6.2 mi
C+
Bethel University
3,521 students · 10.4 mi
C
University of Northwestern-St Paul
3,262 students · 11.4 mi
C
Summit Academy Opportunities Industrialization Center
270 students · 12.3 mi

Investor Insight: With 6,491 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What is the average home sale price in Coon Rapids, MN?

Coon Rapids, MN median home values land near $327K. That is reasonable territory for investors looking at $1,655/mo-per-month rentals.

How do landlord-tenant laws work in Coon Rapids, MN?

Landlord-friendliness in Coon Rapids, MN is balanced. Eviction timelines and lease enforcement are considered reasonable by most property managers.

What kind of tenants rent in Coon Rapids, MN?

The renter base in Coon Rapids, MN is reasonable for the $1,655/mo price point. Screening well and pricing to market typically yields even-keeled tenants.

Is Coon Rapids, MN suited for a house hack?

House hacking in Coon Rapids, MN is reasonable to execute. Prices around $327K and rents of $1,655/mo solid owner-occupant economics.

How high is vacancy risk in Coon Rapids, MN?

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

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How 55433 ranks in Minneapolis-St. Paul-Bloomington, MN-WI

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