Real Estate Investing in Browerville, Minnesota (56438)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 56438 (Browerville, 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: 21.6% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 26.6 — 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 Browerville, MN (56438)?
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Market Analysis: 56438 Browerville
Investors eyeing 56438 need to respect the fundamentals at play. Home values of $278K come alongside slower price movement and elevated management overhead.
Turning to rents, the numbers look inviting — $278K purchase price, 0.0% nominal cap — the work to hit that pro forma in 56438 is substantial and deserves full respect.
Within MN, ZIP 56438 trails on several market indicators that neighboring Todd County submarkets outperform. The gap is real and robust enough to shape underwriting.
The 56438 ZIP's population of 2,830 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
Strategy in 56438 is an operator game, not a passive one. Looking more closely, entry prices of $278K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Browerville:
Market Trends
Home Value History (with trend line)
📊 How Does 56438 Compare?
| Metric | 56438 | Browerville | Minnesota |
|---|---|---|---|
| Home Value | $278,126 | $278,126 | $340,597 |
| 5-Year CAGR | 6.4% | 6.4% | 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 56438 (Browerville, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $278,126 |
| Monthly Rent | $873 |
| Price-to-Rent | 26.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +8.2% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 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 56438
Population: 2,830
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 56438
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.
Frequently Asked Questions
How much do tenants pay in Browerville, MN?
The typical rental in Browerville, MN commands about $873/mo monthly. That rent profile predictable cash flow against the $278K purchase basis.
How quickly do rentals get leased in Browerville, MN?
Vacancy in Browerville, MN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $873/mo.
What kind of market is Browerville, MN for investors?
Browerville, MN rates 3.0/5 for investability. With median values at $278K and rents near $873/mo, the market offers reasonable fundamentals for rental investors.
Is the tenant base reliable in Browerville, MN?
Tenant quality in Browerville, MN ranks as solid. Landlords generally report measured occupancy at market rents of $873/mo.
Is rental property easy to operate in Browerville, MN?
MN law balanced for landlords, and Browerville inherits those rules. Investors should still review local ordinances for rental licensing.
You know 56438 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 56438 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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