Real Estate Investing in Villard, Minnesota (56385)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Pope • Population: 942 • Data updated: September 2026

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Should you buy in 56385 (Villard, MN)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (53/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 35.7% of homes vacant — above national norms.
  • High price-to-rent: Price-to-rent ratio 26.1 — 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 Villard, MN (56385)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $337,702
Avg Monthly Rent $1,080
1% Rule ✗ Does Not Meet
Median Income $59,844
% Renters 11.1%

Market Analysis: 56385 Villard

Not every below-median market is a bargain. Villard's 56385 ZIP stands at signals that favor experienced operators who can absorb the risk $338K pricing implies.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 56385 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

Regionally, 56385 sits on the difficult end of the MN spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.

Resident income in 56385 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

New investors are better served looking at Villard's stable or hybrid ZIPs before stepping into 56385. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Villard:

C+ Average
Buy Confidence Score: 65/100
Affordability
10/25
Appreciation
25/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.6× the median income
Value Trend
Rising (+11.6%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,080/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.

Market Trends

Home Value History (with trend line)

$350K$315K$281K$246K$212K$177KFeb 2020May 2023Jul 2026

📊 How Does 56385 Compare?

Metric 56385 Villard Minnesota
Home Value $337,702 $337,702 $340,597
5-Year CAGR 7.9% 7.9% 4.9%
Avg Rent $1,080 $1,080 -
Cap Rate 2.5% 2.5% -
💡 Why Invest in 56385? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 56385 (Villard, MN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.5%
Low
5yr Growth
+7.9%
Strong

📊 Market Snapshot

Home Value $337,702
Monthly Rent $1,080
Price-to-Rent 26.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.8%
Cap Rate 2.5%
5-Year IRR 10.4%

📈 Home Appreciation

1-Year +11.6% ▲
3-Year CAGR +8.7% ▲
5-Year CAGR +7.9% ▲
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
35.7%
Elevated risk
Landlord Climate
3.0/5
Balanced
Value Trend (5yr)
+7.9%
Growing
Eviction process: Slow Rent control: Moderate

Demographics in 56385

Population: 942

💰 Median Household Income
$59,844
This area
$59,844
State
$77,168
USA
$74,580
🏠 Renter Occupied
11.1%
This area
11.1%
State
18.9%
USA
34.0%
💼 Unemployment Rate
0.3%
This area
0.3%
State
-3.2%
USA
3.7%
🎓 College Educated
17.2%
This area
17.2%
State
20.0%
USA
33.7%
👤 Median Age
48.2 years
This area
48.2 years
State
37.2 years
USA
38.9 years
🏚️ Vacancy Rate
35.7%
This area
35.7%
State
17.0%
USA
10.5%
👥 Population by Ethnicity
White 97.5%
Hispanic/Latino 2.5%
Other/Mixed 2.5%
👶 Under 18
19.9%
This area
19.9%
USA
22.0%
👴 65 and Over
24.8%
This area
24.8%
USA
17.3%
📊 Poverty Rate
5.6%
This area
5.6%
USA
11.5%

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

🎓 Nearby Colleges & Universities

1 Nearby 2,415 Off-Campus Students
C
Alexandria Technical & Community College
3,038 students · 14.2 mi

Investor Insight: With 2,415 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How do landlord-tenant laws work in Villard, MN?

Villard, MN falls under MN landlord-tenant law, which is balanced. That backdrop makes day-to-day property management reasonable.

How should investors approach Villard, MN?

For Villard, MN, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

How much should I expect to pay for a home in Villard, MN?

In Villard, MN the median home value sits at $338K. Against the broader MN market, that reads as reasonable for most investors.

Is Villard, MN good for house hacking?

The a challenging house-hack environment in Villard, MN reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

What do landlords charge for rent in Villard, MN?

Rents in Villard, MN run near $1,080/mo. Compared with median home prices of $338K that produces solid gross yields for typical rentals.

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