Real Estate Investing in Plymouth, Minnesota (55447)

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

Hennepin County • Population: 21,001 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 55447 (Plymouth, MN)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (69/100)

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 Plymouth, MN (55447)?

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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 $504,642
Avg Monthly Rent $1,991
1% Rule ✗ Does Not Meet
Median Income $128,759
% Renters 24.2%

Market Analysis: 55447 Plymouth

The 55447 ZIP covers a section of Plymouth that demands careful diligence. Prices near $505K look accessible, but the work to make a deal cash flow is real.

Rent of $1,991/mo on a $505K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 55447 sits below the stated 0.0% once reality is priced in.

Statewide comparisons place 55447 among MN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.

Demographically, 55447 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.

Experienced landlords with local relationships tend to find 55447 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

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 Plymouth:

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 3.9× the median income
Value Trend
Rising (+5.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,991/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 55447

Which property type performs best in this market?

Best for Cash Flow
2BR
5.3% cap rate
Best for Appreciation
5BR
+5.7% 5yr CAGR
Best Overall Value
2BR
$141,199/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $282,398 $2,060 5.3% +3.5% $141,199
3BR $451,560 $2,730 4.4% +4.6% $150,520
4BR $599,522 $3,050 3.7% +5.3% $149,880
5BR $731,345 +5.7% $146,269

Market Trends

Home Value History (with trend line)

$526K$466K$405K$344K$283K$222KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,032$1,917$1,801$1,685$1,569$1,453Dec 2021Apr 2024Jul 2026

📊 How Does 55447 Compare?

Metric 55447 Plymouth Minnesota
Home Value $504,642 $518,796 $340,597
5-Year CAGR 3.3% 3.1% 4.9%
Avg Rent $1,991 $1,957 -
Cap Rate 3.1% 3.0% -
💡 Why Invest in 55447? 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 55447 (Plymouth, 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
3.1%
Low
5yr Growth
+3.3%
Moderate

📊 Market Snapshot

Home Value $504,642
Monthly Rent $1,991
Price-to-Rent 21.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.7%
Cap Rate 3.1%
5-Year IRR 6.4%

📈 Home Appreciation

1-Year +5.3% ▲
3-Year CAGR +2.7% ▲
5-Year CAGR +3.3% ▲
10-Year CAGR +5.1% ▲

🏠 Rent Trends

1-Year +12.4% ▲
3-Year CAGR +6.4% ▲
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 3.1%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). 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
3.4%
Low risk
Landlord Climate
3.0/5
Balanced
Value Trend (5yr)
+3.3%
Stable
Eviction process: Slow Rent control: Moderate

Demographics in 55447

Population: 21,001

💰 Median Household Income
$128,759
This area
$128,759
State
$77,168
USA
$74,580
🏠 Renter Occupied
24.2%
This area
24.2%
State
18.9%
USA
34.0%
💼 Unemployment Rate
1.4%
This area
1.4%
State
-3.2%
USA
3.7%
🎓 College Educated
60.0%
This area
60.0%
State
20.0%
USA
33.7%
👤 Median Age
42.2 years
This area
42.2 years
State
37.2 years
USA
38.9 years
🏚️ Vacancy Rate
3.4%
This area
3.4%
State
17.0%
USA
10.5%
👥 Population by Ethnicity
White 84.6%
Asian 6.3%
Other/Mixed 6.2%
Hispanic/Latino 3.3%
Black/African American 3.0%
👶 Under 18
23.0%
This area
23.0%
USA
22.0%
👴 65 and Over
17.1%
This area
17.1%
USA
17.3%
📊 Poverty Rate
3.0%
This area
3.0%
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 55447

B+ Avg School Grade
7 Schools
12.6:1 Avg Class Size
$17,753 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

BIRCHVIEW ELEMENTARY

📚 K – 05 Elementary
👥
452 Students
👨‍🏫
14.2:1 Class Size
💰
$17,753 Per Student
A+ Excellent

OAKWOOD ELEMENTARY

📚 K – 05 Elementary
👥
449 Students
👨‍🏫
14.9:1 Class Size
💰
$17,753 Per Student
A Very Good

GLEASON LAKE ELEMENTARY

📚 K – 05 Elementary
👥
589 Students
👨‍🏫
16.2:1 Class Size
💰
$17,753 Per Student
B Good

CENTRAL MIDDLE ALTERNATIVE (CMAP)

📚 06 – 08 Middle
👥
10 Students
👨‍🏫
10.0:1 Class Size
💰
$17,753 Per Student
B Good

WAYZATA CENTRAL MIDDLE

📚 06 – 08 Middle
👥
1,534 Students
👨‍🏫
19.1:1 Class Size
💰
$17,753 Per Student
C+ Average

EARLY CHILDHOOD SPECIAL EDUCATION

📚 Grade PK Elementary
👥
197 Students
💰
$17,753 Per Student
C+ Average

School #519

📚 09 – 12 High School
👥
1 Students
👨‍🏫
0.9:1 Class Size

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A Very Good

FAIR School Pilgrim Lane

📚 K – 05 Elementary
📍 3725 PILGRIM LANE N, PLYMOUTH
👥
398 Students
👨‍🏫
16.4:1 Class Size
💰
$19,907 Per Student
A Very Good

Meadow Ridge Elementary School

📚 K – 05 Elementary
📍 17905 CHANKAHDA TRAIL, PLYMOUTH
👥
757 Students
👨‍🏫
17.6:1 Class Size
💰
$17,753 Per Student
A Very Good

PLYMOUTH CREEK ELEMENTARY

📚 K – 05 Elementary
📍 16005 41ST AVE N, PLYMOUTH
👥
657 Students
👨‍🏫
17.2:1 Class Size
💰
$17,753 Per Student
A Very Good

SUNSET HILL ELEMENTARY

📚 K – 05 Elementary
📍 13005 SUNSET TR, PLYMOUTH
👥
705 Students
👨‍🏫
16.0:1 Class Size
💰
$17,753 Per Student
B+ Above Average

GREENWOOD ELEMENTARY

📚 K – 05 Elementary
📍 18005 MEDINA RD, PLYMOUTH
👥
805 Students
👨‍🏫
16.4:1 Class Size
💰
$17,753 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 6,343 Off-Campus Students
C
PCI Academy-Plymouth
114 students · 2.4 mi
C
Herzing University-Minneapolis
752 students · 4.5 mi
C
Hennepin Technical College
3,891 students · 7.9 mi
C
Adler Graduate School
245 students · 8.4 mi
C
North Hennepin Community College
5,195 students · 9.2 mi
C
Summit Academy Opportunities Industrialization Center
270 students · 9.7 mi
C
Dunwoody College of Technology
1,424 students · 9.9 mi
C
Minneapolis Community and Technical College
6,269 students · 10.2 mi

Investor Insight: With 6,343 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Where do rents currently stand in Plymouth, MN?

Investors in Plymouth, MN typically see rents near $1,991/mo per month against $505K home values - a solid setup for rental cash flow.

What strategy should investors use in Plymouth, MN?

A careful cash-flow rentals with hands-on management strategy Plymouth, MN best. The market produces steady results for that approach at the $505K price point.

Does Plymouth, MN make sense for an investment property?

The 3.0/5 investability rating in Plymouth, MN reflects its $505K prices and $1,991/mo rents. Investors generally consider it a solid option within MN.

What is the typical vacancy rate in Plymouth, MN?

Plymouth, MN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

What is the average home sale price in Plymouth, MN?

Typical homes in Plymouth, MN go for around $505K. The 5-year CAGR of 0.0% predictable price movement.

You know 55447 now. You don’t know where it ranks.

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How 55447 ranks in Minneapolis-St. Paul-Bloomington, MN-WI

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Cash Flow → Appreciation → Affordable →
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