Real Estate Investing in Claremont, Minnesota (55924)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55924 (Claremont, 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: 14.4% 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 Claremont, MN (55924)?
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Market Analysis: 55924 Claremont
Investors eyeing 55924 need to respect the fundamentals at play. Home values of $315K come alongside slower price movement and elevated management overhead.
Rent of $1,089/mo on a $315K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 55924 sits below the stated 0.0% once reality is priced in.
From a cash-flow lens, 55924 offers a low basis, the region around Claremont has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 55924 ZIP's population of 1,246 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.
Experienced landlords with local relationships tend to find 55924 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 Claremont:
Property Strategy for 55924
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $279,615 | $1,700 | 4.4% | +8.1% | $93,205 |
| 4BR | $336,117 | $2,030 | 4.3% | +9.6% | $84,029 |
Market Trends
Home Value History (with trend line)
📊 How Does 55924 Compare?
| Metric | 55924 | Claremont | Rochester, MN | Minnesota |
|---|---|---|---|---|
| Home Value | $315,101 | $315,101 | N/A | $340,597 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 4.9% |
| Avg Rent | $1,089 | $1,089 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
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 55924 (Claremont, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $315,101 |
| Monthly Rent | $1,089 |
| Price-to-Rent | 24.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 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 (2.7%). 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 55924
Population: 1,246
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
How quickly do rentals get leased in Claremont, MN?
Occupancy in Claremont, MN runs predictable with elevated vacancy. Well-priced units at $1,089/mo lease on reasonable timelines.
How much rent can I charge in Claremont, MN?
The typical rental in Claremont, MN commands about $1,089/mo monthly. That rent profile stable cash flow against the $315K purchase basis.
Are renters plentiful in Claremont, MN?
Tenant demand in Claremont, MN is solid. The local workforce $1,089/mo rents across most rental classes.
What is the typical home price in Claremont, MN?
Claremont, MN home values average about $315K. That price point suits investors targeting rentals with $1,089/mo in monthly income.
Is Claremont, MN better for rentals, flips, or BRRRR?
A careful cash-flow rentals with hands-on management strategy Claremont, MN best. The market produces even-keeled results for that approach at the $315K price point.
You know 55924 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 55924 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 55924 ranks in Rochester, MN
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