Real Estate Investing in Kilkenny, Minnesota (56052)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 56052 (Kilkenny, MN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 21.8% 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 Kilkenny, MN (56052)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 56052 Kilkenny
This part of Rice County is not an easy win. The 56052 ZIP stands at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 56052 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 56052 among MN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
On the rental side, 702 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
trends toward 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 Kilkenny:
Market Trends
Home Value History (with trend line)
📊 How Does 56052 Compare?
| Metric | 56052 | Kilkenny | Faribault-Northfield, MN | Minnesota |
|---|---|---|---|---|
| Home Value | $405,566 | $405,566 | N/A | $340,597 |
| 5-Year CAGR | 5.7% | 5.7% | N/A | 4.9% |
| Avg Rent | $1,494 | $1,494 | N/A | - |
| Cap Rate | 2.9% | 2.9% | - | - |
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 56052 (Kilkenny, MN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 56052 (Kilkenny, MN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $405,566 |
| Monthly Rent | $1,494 |
| Price-to-Rent | 22.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.4% |
| Cap Rate | 2.9% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +7.2% ▲ |
| 3-Year CAGR | +5.1% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 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 (2.9%). 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 56052
Population: 702
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
Do rentals sit vacant long in Kilkenny, MN?
Kilkenny, MN sees elevated vacancy, which is reasonable relative to the broader MN rental market.
What is the typical rental rate in Kilkenny, MN?
Rents in Kilkenny, MN run near $1,494/mo. Compared with median home prices of $406K that produces solid gross yields for typical rentals.
What is it like being a landlord in Kilkenny, MN?
Kilkenny, MN operates under MN law, which is balanced overall for landlords. Expect stable treatment in typical lease and eviction cases.
What kind of tenants rent in Kilkenny, MN?
Expect a solid tenant pool in Kilkenny, MN. The rental market absorbs $1,494/mo rents without meaningful friction.
What approach is best for Kilkenny, MN real estate?
Most investors in Kilkenny, MN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 56052 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 56052 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 56052 ranks in Faribault-Northfield, MN
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 56052 (Kilkenny)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 56052 (Kilkenny, MN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.