Real Estate Investing in Pengilly, Minnesota (55775)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55775 (Pengilly, 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: 27.0% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 27.0 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Pengilly, MN (55775)?
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Market Analysis: 55775 Pengilly
The 55775 ZIP covers a section of Pengilly that demands careful diligence. Prices near $283K look accessible, but the work to make a deal cash flow is real.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 55775 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
In the broader MN picture, 55775 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 55775 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 55775 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Pengilly:
Market Trends
Home Value History (with trend line)
📊 How Does 55775 Compare?
| Metric | 55775 | Pengilly | Minnesota |
|---|---|---|---|
| Home Value | $283,112 | $283,112 | $340,597 |
| 5-Year CAGR | 7.4% | 7.4% | 4.9% |
| Avg Rent | $873 | $873 | - |
| 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 55775 (Pengilly, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $283,112 |
| Monthly Rent | $873 |
| Price-to-Rent | 27.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.7% |
| Cap Rate | 2.4% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +8.7% ▲ |
| 3-Year CAGR | +6.4% ▲ |
| 5-Year CAGR | +7.4% ▲ |
| 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 (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 55775
Population: 1,309
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
🎓 Nearby Colleges & Universities
Investor Insight: With 833 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How do landlord-tenant laws work in Pengilly, MN?
The landlord environment in Pengilly, MN is balanced. Statewide rules shape most day-to-day operations for rental owners.
Is vacancy a concern in Pengilly, MN?
Occupancy in Pengilly, MN runs predictable with elevated vacancy. Well-priced units at $873/mo lease on reasonable timelines.
How expensive is real estate in Pengilly, MN?
Homes in Pengilly, MN typically sell near $283K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
Is Pengilly, MN a good market for FHA house hackers?
House hacking in Pengilly, MN is a challenging. With home values around $283K and rents at $873/mo, owner-occupants can offset a meaningful share of PITI.
What strategy should investors use in Pengilly, MN?
In Pengilly, MN the solid play is typically careful cash-flow rentals with hands-on management. The combination of $283K prices and $873/mo rents suits that approach.
You know 55775 now. You don’t know where it ranks.
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