Real Estate Investing in Kenyon, Minnesota (55946)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55946 (Kenyon, MN)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Kenyon, MN (55946)?
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Market Analysis: 55946 Kenyon
The 55946 ZIP covers a section of Kenyon that demands careful diligence. Prices near $303K look accessible, but the work to make a deal cash flow is real.
Rent of $1,089/mo on a $303K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 55946 sits below the stated 0.0% once reality is priced in.
Within MN, ZIP 55946 trails on several market indicators that neighboring Goodhue County submarkets outperform. The gap is real and impressive enough to shape underwriting.
Demographically, 55946 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
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 Kenyon:
Property Strategy for 55946
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $251,586 | $1,210 | 3.5% | +6.1% | $125,793 |
| 3BR | $286,722 | $1,700 | 4.3% | +7.0% | $95,574 |
| 4BR | $334,494 | $2,030 | 4.4% | +6.8% | $83,623 |
Market Trends
Home Value History (with trend line)
📊 How Does 55946 Compare?
| Metric | 55946 | Kenyon | Red Wing, MN | Minnesota |
|---|---|---|---|---|
| Home Value | $302,569 | $302,569 | N/A | $340,597 |
| 5-Year CAGR | 4.5% | 4.5% | N/A | 4.9% |
| Avg Rent | $1,089 | $1,089 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
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 55946 (Kenyon, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $302,569 |
| Monthly Rent | $1,089 |
| Price-to-Rent | 23.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +4.5% ▲ |
| 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 (2.8%). 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 55946
Population: 3,366
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
🎓 Schools in 55946
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
What is the best play in Kenyon, MN?
In Kenyon, MN the significant play is typically careful cash-flow rentals with hands-on management. The combination of $303K prices and $1,089/mo rents suits that approach.
Is Kenyon, MN a good place for real estate investing?
Our data puts Kenyon, MN at 3.0/5 for investability. Home prices of $303K and rents around $1,089/mo create a solid backdrop for investor activity.
How do home values compare in Kenyon, MN?
Typical homes in Kenyon, MN go for around $303K. The 5-year CAGR of 0.0% reliable price movement.
Is vacancy a concern in Kenyon, MN?
Vacancy risk in Kenyon, MN is elevated. That supports predictable cash flow for typical rental holds.
Are eviction rules reasonable in Kenyon, MN?
MN law balanced for landlords, and Kenyon inherits those rules. Investors should still review local ordinances for rental licensing.
You know 55946 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 55946 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 55946 ranks in Red Wing, MN
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