Real Estate Investing in Rice, Minnesota (56367)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 56367 (Rice, MN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 26.0 — 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 Rice, MN (56367)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 56367 Rice
On the rental side, ZIP 56367 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $354K median. It rewards specialists, not generalists.
Rent of $1,134/mo on a $354K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 56367 sits below the stated 0.0% once reality is priced in.
The gap between 56367 and stronger Rice ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 56367 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
New investors are better served looking at Rice's stable or hybrid ZIPs before stepping into 56367. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Rice:
Property Strategy for 56367
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $281,386 | $1,260 | 3.2% | +7.5% | $140,693 |
| 3BR | $346,997 | $1,680 | 3.5% | +6.6% | $115,666 |
| 4BR | $376,062 | $1,960 | 3.8% | +7.2% | $94,016 |
| 5BR | $437,180 | — | — | +6.8% | $87,436 |
Market Trends
Home Value History (with trend line)
📊 How Does 56367 Compare?
| Metric | 56367 | Rice | St. Cloud, MN | Minnesota |
|---|---|---|---|---|
| Home Value | $353,738 | $353,738 | N/A | $340,597 |
| 5-Year CAGR | 4.9% | 4.9% | N/A | 4.9% |
| Avg Rent | $1,134 | $1,134 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
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 56367 (Rice, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $353,738 |
| Monthly Rent | $1,134 |
| Price-to-Rent | 26.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.5% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +3.9% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 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 56367
Population: 7,226
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
🎓 Schools in 56367
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,927 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the smart move for investors in Rice, MN?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Rice, MN. The numbers - $354K homes against $1,134/mo rents - support that play.
How deep is the rental pool in Rice, MN?
Tenant quality in Rice, MN ranks as solid. Landlords generally report reliable occupancy at market rents of $1,134/mo.
Should investors consider Rice, MN?
Investors tracking Rice, MN will find a 3.0/5 rating supported by $354K median home values and $1,134/mo rents. That profile suits long-term holders targeting stable returns.
Is Rice, MN suited for a house hack?
Rice, MN offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,134/mo rent level.
What is the rental occupancy rate in Rice, MN?
Vacancy risk in Rice, MN is elevated. That supports reliable cash flow for typical rental holds.
You know 56367 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 56367 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 56367 ranks in St. Cloud, MN
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