Real Estate Investing in Taunton, Minnesota (56291)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 56291 (Taunton, 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.
- Elevated vacancy: 10.0% vacancy may signal weakening demand.
- High price-to-rent: Price-to-rent ratio 25.7 — hard to cash-flow at these prices.
• 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 Taunton, MN (56291)?
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Market Analysis: 56291 Taunton
ZIP 56291 in Taunton, MN carries a healthy set of headwinds. Home values near $269K and rents of $873/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 56291 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Taunton have seen price recovery that 56291 has not matched. Yellow Medicine data supports the view that the spread is structural rather than temporary.
The 56291 ZIP's population of 395 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
looks to 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 Taunton:
Market Trends
Home Value History (with trend line)
📊 How Does 56291 Compare?
| Metric | 56291 | Taunton | Minnesota |
|---|---|---|---|
| Home Value | $268,930 | $268,930 | $340,597 |
| 5-Year CAGR | 5.5% | 5.5% | 4.9% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 2.5% | 2.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 56291 (Taunton, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $268,930 |
| Monthly Rent | $873 |
| Price-to-Rent | 25.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.0% |
📈 Home Appreciation
| 1-Year | +9.6% ▲ |
| 3-Year CAGR | +5.3% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 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 (2.5%). 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 56291
Population: 395
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
What real estate strategy is ideal for Taunton, MN?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Taunton, MN. The numbers - $269K homes against $873/mo rents - support that play.
How strong is the working-renter base in Taunton, MN?
Tenant quality in Taunton, MN ranks as solid. Landlords generally report stable occupancy at market rents of $873/mo.
Is rental property easy to operate in Taunton, MN?
MN law balanced for landlords, and Taunton inherits those rules. Investors should still review local ordinances for rental licensing.
Can I live-in-and-rent in Taunton, MN?
Taunton, MN offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $873/mo rent level.
Do rentals sit vacant long in Taunton, MN?
Occupancy in Taunton, MN runs even-keeled with elevated vacancy. Well-priced units at $873/mo lease on reasonable timelines.
You know 56291 now. You don’t know where it ranks.
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