Real Estate Investing in Gilbert, Minnesota (55741)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55741 (Gilbert, 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.
- High vacancy: 18.2% of homes vacant — above national norms.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Gilbert, MN (55741)?
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Market Analysis: 55741 Gilbert
ZIP 55741 in Gilbert, MN carries a significant set of headwinds. Home values near $189K and rents of $927/mo sit inside a market where underwriting has to be tight.
From a cash-flow lens, the numbers look inviting — $189K purchase price, 0.0% nominal cap — the work to hit that pro forma in 55741 is substantial and deserves full respect.
In the broader MN picture, 55741 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
From a cash-flow lens, 2,933 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Gilbert:
Property Strategy for 55741
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $163,413 | $1,030 | 4.5% | +6.7% | $81,706 |
| 3BR | $198,126 | $1,390 | 5.1% | +7.1% | $66,042 |
| 4BR | $217,628 | $1,730 | 5.7% | +6.6% | $54,407 |
Market Trends
Home Value History (with trend line)
📊 How Does 55741 Compare?
| Metric | 55741 | Gilbert | Minnesota |
|---|---|---|---|
| Home Value | $189,156 | $189,156 | $340,597 |
| 5-Year CAGR | 5.1% | 5.1% | 4.9% |
| Avg Rent | $927 | $927 | - |
| Cap Rate | 3.8% | 3.8% | - |
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 55741 (Gilbert, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $189,156 |
| Monthly Rent | $927 |
| Price-to-Rent | 17.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.8% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +12.0% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +6.5% ▲ |
🏠 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 55741
Population: 2,933
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
Is Gilbert, MN a good market for buy-and-hold investors?
Gilbert, MN scores 3.0/5 for investability. Home values sit at $189K and rents near $927/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How much should I expect to pay for a home in Gilbert, MN?
Gilbert, MN home values average about $189K. That price point suits investors targeting rentals with $927/mo in monthly income.
How much do tenants pay in Gilbert, MN?
The typical rental in Gilbert, MN commands about $927/mo monthly. That rent profile steady cash flow against the $189K purchase basis.
Should investors worry about vacancy in Gilbert, MN?
Gilbert, MN carries elevated vacancy risk. Expect consistent absorption at market rents of $927/mo.
How do landlord-tenant laws work in Gilbert, MN?
The landlord environment in Gilbert, MN is balanced. Statewide rules shape most day-to-day operations for rental owners.
You know 55741 now. You don’t know where it ranks.
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