Real Estate Investing in Burtrum, Minnesota (56318)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 56318 (Burtrum, 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: 42.9% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 33.8 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Burtrum, MN (56318)?
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Market Analysis: 56318 Burtrum
Investors eyeing 56318 need to respect the fundamentals at play. Home values of $354K come alongside slower price movement and elevated management overhead.
For an experienced owner, 56318 can be a a strong candidate for hunting ground — but the discount at $354K reflects genuine risk that outside investors often underestimate.
Looking more closely, 56318 offers a low basis, the region around Burtrum has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Who lives in 56318 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 56318 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 Burtrum:
Market Trends
Home Value History (with trend line)
📊 How Does 56318 Compare?
| Metric | 56318 | Burtrum | Minnesota |
|---|---|---|---|
| Home Value | $354,209 | $354,209 | $340,597 |
| 5-Year CAGR | 6.3% | 6.3% | 4.9% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 1.9% | 1.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 56318 (Burtrum, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $354,209 |
| Monthly Rent | $873 |
| Price-to-Rent | 33.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 1.9% |
| 5-Year IRR | 8.2% |
📈 Home Appreciation
| 1-Year | +7.7% ▲ |
| 3-Year CAGR | +4.9% ▲ |
| 5-Year CAGR | +6.3% ▲ |
| 10-Year CAGR | +7.1% ▲ |
🏠 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 (1.9%). 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 56318
Population: 1,130
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 is the typical rental rate in Burtrum, MN?
Average rent in Burtrum, MN is approximately $873/mo per month. Against $354K home values that yields a reasonable rent-to-price ratio.
Do rentals sit vacant long in Burtrum, MN?
Vacancy risk in Burtrum, MN is elevated. That supports measured cash flow for typical rental holds.
Is Burtrum in MN worth investing in?
Yes - Burtrum, MN a 3.0/5 investability score. With $354K home prices against $873/mo monthly rent, the market delivers a reasonable entry point for new investors.
What price range are homes in Burtrum, MN?
Burtrum, MN home values average about $354K. That price point suits investors targeting rentals with $873/mo in monthly income.
How should investors approach Burtrum, MN?
Burtrum, MN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($354K prices, $873/mo rents) make it a reasonable choice.
You know 56318 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 56318 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.
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