Real Estate Investing in Le Roy, Minnesota (55951)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55951 (Le Roy, 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.
- Elevated vacancy: 9.0% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Le Roy, MN (55951)?
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Market Analysis: 55951 Le Roy
On the rental side, ZIP 55951 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $217K median. It rewards specialists, not generalists.
The 55951 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Statewide comparisons place 55951 among MN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
Who lives in 55951 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategically, 55951 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Le Roy:
Property Strategy for 55951
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $202,869 | $1,260 | 4.5% | +8.9% | $67,623 |
| 4BR | $267,700 | $1,350 | 3.6% | +9.7% | $66,925 |
Market Trends
Home Value History (with trend line)
📊 How Does 55951 Compare?
| Metric | 55951 | Le Roy | Austin, MN | Minnesota |
|---|---|---|---|---|
| Home Value | $217,314 | $217,314 | N/A | $340,597 |
| 5-Year CAGR | 6.6% | 6.6% | N/A | 4.9% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
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 55951 (Le Roy, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $217,314 |
| Monthly Rent | $873 |
| Price-to-Rent | 20.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 9.7% |
📈 Home Appreciation
| 1-Year | +4.3% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +6.6% ▲ |
| 10-Year CAGR | +8.8% ▲ |
🏠 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 (3.1%). 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 55951
Population: 1,354
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 55951
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
How strong is Le Roy, MN for real estate investors?
Our data puts Le Roy, MN at 3.0/5 for investability. Home prices of $217K and rents around $873/mo create a solid backdrop for investor activity.
What is the average monthly rent in Le Roy, MN?
Investors in Le Roy, MN typically see rents near $873/mo per month against $217K home values - a solid setup for rental cash flow.
What price range are homes in Le Roy, MN?
In Le Roy, MN the median home value sits at $217K. Against the broader MN market, that reads as reasonable for most investors.
What is the smart move for investors in Le Roy, MN?
A careful cash-flow rentals with hands-on management strategy Le Roy, MN best. The market produces steady results for that approach at the $217K price point.
Is Le Roy, MN a friendly market for rental owners?
Le Roy, MN operates under MN law, which is balanced overall for landlords. Expect stable treatment in typical lease and eviction cases.
You know 55951 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 55951 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 55951 ranks in Austin, MN
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