Real Estate Investing in Beardsley, Minnesota (56211)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 56211 (Beardsley, MN)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 40.7% 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 Beardsley, MN (56211)?
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Market Analysis: 56211 Beardsley
This part of Big Stone County is not an easy win. The 56211 ZIP sits at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Rent of $936/mo on a $223K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 56211 sits below the stated 0.0% once reality is priced in.
In the broader MN picture, 56211 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 56211 ZIP's population of 511 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
The 56211 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Beardsley:
Market Trends
Home Value History (with trend line)
📊 How Does 56211 Compare?
| Metric | 56211 | Beardsley | Minnesota |
|---|---|---|---|
| Home Value | $223,273 | $223,273 | $340,597 |
| 5-Year CAGR | N/A | N/A | 4.9% |
| Avg Rent | $936 | $936 | - |
| Cap Rate | 3.3% | 3.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 56211 (Beardsley, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $223,273 |
| Monthly Rent | $936 |
| Price-to-Rent | 19.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.3% |
| 5-Year IRR | 7.6% |
📈 Home Appreciation
| 1-Year | +17.1% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 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 (3.3%). 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 56211
Population: 511
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
Is Beardsley, MN a friendly market for rental owners?
Rental owners in Beardsley, MN deal with a balanced legal framework. Most standard eviction processes run on reasonable timelines.
What kind of market is Beardsley, MN for investors?
Beardsley, MN rates 2.0/5 for investability. With median values at $223K and rents near $936/mo, the market offers reasonable fundamentals for rental investors.
What is the average home sale price in Beardsley, MN?
Beardsley, MN home values average about $223K. That price point suits investors targeting rentals with $936/mo in monthly income.
What strategy should investors use in Beardsley, MN?
In Beardsley, MN the impressive play is typically careful cash-flow rentals with hands-on management. The combination of $223K prices and $936/mo rents suits that approach.
How qualified is the tenant pool in Beardsley, MN?
Working renters make up the core of the Beardsley, MN tenant base. The pool is reasonable for investors targeting long-term holds.
You know 56211 now. You don’t know where it ranks.
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