Real Estate Investing in Winona, Minnesota (55987)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55987 (Winona, MN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
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.
What’s happening in Winona, MN (55987)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 55987 Winona
This part of Winona County is not an easy win. The 55987 ZIP shows softness in key indicators, and the playbook that works in cleaner markets often stalls here.
The investment case in 55987 is substantial only for operators who understand what they are buying. A $260K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader MN picture, 55987 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 55987 includes headwinds that any investor should price in. Income distribution skews lower than Winona averages, and tenant stability requires active management.
Strategy in 55987 is an operator game, not a passive one. Looking more closely, entry prices of $260K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Winona:
Property Strategy for 55987
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $131,082 | $860 | 4.7% | +7.2% | $131,082 |
| 2BR | $188,465 | $1,060 | 4.0% | +7.1% | $94,233 |
| 3BR | $249,177 | $1,330 | 3.8% | +7.3% | $83,059 |
| 4BR | $312,769 | $1,530 | 3.5% | +7.4% | $78,192 |
| 5BR | $321,030 | — | — | +6.6% | $64,206 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 55987 Compare?
| Metric | 55987 | Winona | Winona, MN | Minnesota |
|---|---|---|---|---|
| Home Value | $260,257 | $301,654 | N/A | $340,597 |
| 5-Year CAGR | 6.0% | 6.4% | N/A | 4.9% |
| Avg Rent | $1,171 | $1,022 | N/A | - |
| Cap Rate | 3.5% | 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 55987 (Winona, MN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 55987 (Winona, MN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $260,257 |
| Monthly Rent | $1,171 |
| Price-to-Rent | 18.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.4% |
| Cap Rate | 3.5% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +6.1% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +6.0% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +9.6% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.5%). 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 55987
Population: 33,911
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 55987
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
Investor Insight: With 1,419 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Does house hacking make sense in Winona, MN?
Winona, MN is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $260K price point reasonable to enter.
Is the tenant base reliable in Winona, MN?
The tenant pool in Winona, MN is solid, supported by local employment and population fundamentals. Rents of $1,171/mo are well-absorbed by the market.
How do home values compare in Winona, MN?
Expect median prices around $260K in Winona, MN. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
Does Winona, MN make sense for an investment property?
Winona, MN rates 3.0/5 for investability. With median values at $260K and rents near $1,171/mo, the market offers reasonable fundamentals for rental investors.
Is MN a landlord-friendly state?
Winona, MN operates under MN law, which is balanced overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.
You know 55987 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 55987 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 55987 ranks in Winona, MN
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 55987 (Winona)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 55987 (Winona, MN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.