Real Estate Investing in Beaver Bay, Minnesota (55601)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55601 (Beaver Bay, MN)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 36.4% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 26.6 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Beaver Bay, MN (55601)?
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Market Analysis: 55601 Beaver Bay
ZIP 55601 inside Lake County looks affordable on the surface — median value of $371K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 55601 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
The gap between 55601 and stronger Beaver Bay ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A healthy renter share of 7% in 55601 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 55601 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.
Here's what matters if you're considering buying a home in Beaver Bay:
Market Trends
Home Value History (with trend line)
📊 How Does 55601 Compare?
| Metric | 55601 | Beaver Bay | Duluth, MN-WI | Minnesota |
|---|---|---|---|---|
| Home Value | $370,628 | $370,628 | N/A | $340,597 |
| 5-Year CAGR | N/A | N/A | N/A | 4.9% |
| Avg Rent | $1,161 | $1,161 | N/A | - |
| Cap Rate | 2.4% | 2.4% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 55601 (Beaver Bay, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $370,628 |
| Monthly Rent | $1,161 |
| Price-to-Rent | 26.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.4% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (2.4%). 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 55601
Population: 135
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
Frequently Asked Questions
What type of investing works in Beaver Bay, MN?
The best-fit strategy in Beaver Bay, MN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How qualified is the tenant pool in Beaver Bay, MN?
Tenant demand in Beaver Bay, MN is solid. The local workforce $1,161/mo rents across most rental classes.
How strong are rents in Beaver Bay, MN?
Rental rates in Beaver Bay, MN average $1,161/mo. Tenant demand and $371K home values make the yield look reasonable by investor standards.
Is Beaver Bay, MN good for landlords?
MN ranks as a balanced state for landlord-tenant law. Beaver Bay generally follows the statewide framework, so landlords face reasonable operating rules.
Can I live-in-and-rent in Beaver Bay, MN?
The a challenging house-hack environment in Beaver Bay, MN reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
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