Real Estate Investing in Bricelyn, Minnesota (56014)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 56014 (Bricelyn, MN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 17.5% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bricelyn, MN (56014)?
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Market Analysis: 56014 Bricelyn
The 56014 ZIP covers a section of Bricelyn that demands careful diligence. Prices near $149K look accessible, but the work to make a deal cash flow is real.
Rent of $873/mo on a $149K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 56014 sits below the stated 0.0% once reality is priced in.
ZIP 56014's metrics run below Faribault County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 56014 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Strategy in 56014 is an operator game, not a passive one. Turning to rents, entry prices of $149K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Bricelyn:
Market Trends
Home Value History (with trend line)
📊 How Does 56014 Compare?
| Metric | 56014 | Bricelyn | Minnesota |
|---|---|---|---|
| Home Value | $148,529 | $148,529 | $340,597 |
| 5-Year CAGR | N/A | N/A | 4.9% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 4.6% | 4.6% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 56014 (Bricelyn, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $148,529 |
| Monthly Rent | $873 |
| Price-to-Rent | 14.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.1% |
| Cap Rate | 4.6% |
| 5-Year IRR | 13.8% |
📈 Home Appreciation
| 1-Year | +15.4% ▲ |
| 3-Year CAGR | +9.3% ▲ |
| 5-Year CAGR | N/A |
| 10-Year CAGR | N/A |
🏠 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 (4.6%). 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 56014
Population: 695
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 strong is Bricelyn, MN for real estate investors?
Bricelyn, MN reports an investability rating of 2.0/5, with median home values near $149K and average rents around $873/mo. That combination puts it in the healthy tier for investor interest.
What approach is best for Bricelyn, MN real estate?
In Bricelyn, MN the significant play is typically careful cash-flow rentals with hands-on management. The combination of $149K prices and $873/mo rents suits that approach.
What is the typical vacancy rate in Bricelyn, MN?
Vacancy risk in Bricelyn, MN is elevated. That supports predictable cash flow for typical rental holds.
What is the typical home price in Bricelyn, MN?
Bricelyn, MN median home values land near $149K. That is reasonable territory for investors looking at $873/mo-per-month rentals.
What is the average monthly rent in Bricelyn, MN?
Average rent in Bricelyn, MN is approximately $873/mo per month. Against $149K home values that yields a reasonable rent-to-price ratio.
You know 56014 now. You don’t know where it ranks.
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