Real Estate Investing in Mazeppa, Minnesota (55956)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55956 (Mazeppa, 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 price-to-rent: Price-to-rent ratio 27.6 — 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 Mazeppa, MN (55956)?
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Market Analysis: 55956 Mazeppa
From an investor standpoint, ZIP 55956 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $381K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 55956 sits at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Within MN, ZIP 55956 trails on several market indicators that neighboring Wabasha County submarkets outperform. The gap is real and robust enough to shape underwriting.
Resident income in 55956 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
New investors are better served looking at Mazeppa's stable or hybrid ZIPs before stepping into 55956. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Mazeppa:
Property Strategy for 55956
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $302,195 | $1,280 | 3.0% | +8.7% | $151,097 |
| 3BR | $350,405 | $1,720 | 3.5% | +8.5% | $116,802 |
| 4BR | $429,046 | $2,140 | 3.6% | +8.4% | $107,261 |
Market Trends
Home Value History (with trend line)
📊 How Does 55956 Compare?
| Metric | 55956 | Mazeppa | Rochester, MN | Minnesota |
|---|---|---|---|---|
| Home Value | $381,492 | $381,492 | N/A | $340,597 |
| 5-Year CAGR | 6.8% | 6.8% | N/A | 4.9% |
| Avg Rent | $1,152 | $1,152 | N/A | - |
| 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 55956 (Mazeppa, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $381,492 |
| Monthly Rent | $1,152 |
| Price-to-Rent | 27.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.6% |
| Cap Rate | 2.4% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +7.8% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 (2.4%). 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 55956
Population: 2,046
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 55956
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Should investors consider Mazeppa, MN?
Our data puts Mazeppa, MN at 3.0/5 for investability. Home prices of $381K and rents around $1,152/mo create a solid backdrop for investor activity.
How much do tenants pay in Mazeppa, MN?
Rental rates in Mazeppa, MN average $1,152/mo. Tenant demand and $381K home values make the yield look reasonable by investor standards.
Is Mazeppa, MN a friendly market for rental owners?
Landlord-friendliness in Mazeppa, MN is balanced. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Does a duplex house hack pencil in Mazeppa, MN?
Mazeppa, MN is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $381K price point reasonable to enter.
What kind of vacancy should I budget for in Mazeppa, MN?
Mazeppa, MN carries elevated vacancy risk. Expect predictable absorption at market rents of $1,152/mo.
You know 55956 now. You don’t know where it ranks.
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How 55956 ranks in Rochester, MN
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