Real Estate Investing in Hackensack, Minnesota (56452)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 56452 (Hackensack, 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: 68.8% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 37.9 — 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 Hackensack, MN (56452)?
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Market Analysis: 56452 Hackensack
ZIP 56452 in Hackensack, MN carries a significant set of headwinds. Home values near $397K and rents of $873/mo sit inside a market where underwriting has to be tight.
The 56452 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Regionally, 56452 sits on the difficult end of the MN spectrum. The worth a close look for read — for disciplined operators — is that pricing reflects the difficulty.
Demographically, 56452 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.
Experienced landlords with local relationships tend to find 56452 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Hackensack:
Property Strategy for 56452
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $363,880 | $970 | 1.9% | +9.7% | $181,940 |
| 3BR | $472,082 | $1,300 | 2.0% | +9.1% | $157,361 |
| 4BR | $590,999 | $1,640 | 2.0% | — | $147,750 |
Market Trends
Home Value History (with trend line)
📊 How Does 56452 Compare?
| Metric | 56452 | Hackensack | Brainerd, MN | Minnesota |
|---|---|---|---|---|
| Home Value | $396,512 | $396,512 | N/A | $340,597 |
| 5-Year CAGR | 7.0% | 7.0% | N/A | 4.9% |
| Avg Rent | $873 | $873 | N/A | - |
| Cap Rate | 1.7% | 1.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 56452 (Hackensack, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $396,512 |
| Monthly Rent | $873 |
| Price-to-Rent | 37.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.6% |
| Cap Rate | 1.7% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +6.8% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 (1.7%). 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 56452
Population: 1,913
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
Is Hackensack, MN a good place for real estate investing?
Our data puts Hackensack, MN at 3.0/5 for investability. Home prices of $397K and rents around $873/mo create a solid backdrop for investor activity.
How do experienced investors play Hackensack, MN?
Investors usually favor careful cash-flow rentals with hands-on management in Hackensack, MN. With home values at $397K and rents near $873/mo, other strategies can work but produce stable rather than outsized returns.
What price range are homes in Hackensack, MN?
Hackensack, MN median home values land near $397K. That is reasonable territory for investors looking at $873/mo-per-month rentals.
Are eviction rules reasonable in Hackensack, MN?
MN law balanced for landlords, and Hackensack inherits those rules. Investors should still review local ordinances for rental licensing.
What is the typical vacancy rate in Hackensack, MN?
Hackensack, MN sees elevated vacancy, which is reasonable relative to the broader MN rental market.
You know 56452 now. You don’t know where it ranks.
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How 56452 ranks in Brainerd, MN
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