Real Estate Investing in Brookston, Minnesota (55711)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55711 (Brookston, MN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 23.8% of homes vacant — above national norms.
• 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 Brookston, MN (55711)?
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Market Analysis: 55711 Brookston
In practical terms, ZIP 55711 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $214K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $214K asset, 55711 is the wrong submarket. If the plan prices in friction, the yield can still work.
Nearby ZIPs in Brookston have seen price recovery that 55711 has not matched. Saint Louis County data supports the view that the spread is structural rather than temporary.
Employment concentration in 55711 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
New investors are better served looking at Brookston's stable or hybrid ZIPs before stepping into 55711. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Brookston:
Market Trends
Home Value History (with trend line)
📊 How Does 55711 Compare?
| Metric | 55711 | Brookston | Duluth, MN-WI | Minnesota |
|---|---|---|---|---|
| Home Value | $213,919 | $213,919 | N/A | $340,597 |
| 5-Year CAGR | 3.2% | 3.2% | N/A | 4.9% |
| Avg Rent | $1,053 | $1,053 | N/A | - |
| Cap Rate | 3.8% | 3.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 55711 (Brookston, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $213,919 |
| Monthly Rent | $1,053 |
| Price-to-Rent | 16.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.8% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +9.9% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +3.2% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 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 (3.8%). 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 55711
Population: 518
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 is the average home sale price in Brookston, MN?
Median home price in Brookston, MN is near $214K, with a 5-year CAGR of 0.0%. Prices have been measured and supportive of buy-and-hold strategies.
How high is vacancy risk in Brookston, MN?
Occupancy in Brookston, MN runs consistent with elevated vacancy. Well-priced units at $1,053/mo lease on reasonable timelines.
Is Brookston, MN a friendly market for rental owners?
The landlord environment in Brookston, MN is balanced. Statewide rules shape most day-to-day operations for rental owners.
Does house hacking make sense in Brookston, MN?
The house hack math a challenging in Brookston, MN. Owner-occupant buyers benefit from the $1,053/mo rents and $214K home values.
How strong is the working-renter base in Brookston, MN?
Working renters make up the core of the Brookston, MN tenant base. The pool is reasonable for investors targeting long-term holds.
You know 55711 now. You don’t know where it ranks.
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How 55711 ranks in Duluth, MN-WI
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