Real Estate Investing in Osage, Minnesota (56570)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 56570 (Osage, 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: 40.7% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 31.8 — 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 Osage, MN (56570)?
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Market Analysis: 56570 Osage
ZIP 56570 inside Becker County looks affordable on the surface — median value of $333K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 56570 can be a worth a close look for hunting ground — but the discount at $333K reflects genuine risk that outside investors often underestimate.
Within MN, ZIP 56570 trails on several market indicators that neighboring Becker County submarkets outperform. The gap is real and robust enough to shape underwriting.
The 56570 ZIP's population of 1,130 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that clocks in at the need for careful underwriting.
Strategically, 56570 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Osage:
Property Strategy for 56570
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $303,825 | $970 | 2.3% | +8.9% | $151,913 |
| 3BR | $331,949 | $1,270 | 2.8% | +8.3% | $110,650 |
Market Trends
Home Value History (with trend line)
📊 How Does 56570 Compare?
| Metric | 56570 | Osage | Minnesota |
|---|---|---|---|
| Home Value | $333,215 | $333,215 | $340,597 |
| 5-Year CAGR | 7.4% | 7.4% | 4.9% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 2.0% | 2.0% | - |
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 56570 (Osage, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $333,215 |
| Monthly Rent | $873 |
| Price-to-Rent | 31.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.1% |
| Cap Rate | 2.0% |
| 5-Year IRR | 9.5% |
📈 Home Appreciation
| 1-Year | +9.5% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +7.4% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 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 (2.0%). 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 56570
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
Are rents high in Osage, MN?
Rent in Osage, MN is around $873/mo. The resulting rent-to-value relationship with $333K pricing is reasonable for most investor models.
Is Osage, MN a good market for FHA house hackers?
House hacking works a challenging in Osage, MN. Rents of $873/mo against $333K acquisition make the strategy solid for owner-occupants.
Do rentals sit vacant long in Osage, MN?
Osage, MN carries elevated vacancy risk. Expect even-keeled absorption at market rents of $873/mo.
Where do home prices stand in Osage, MN?
The median home value in Osage, MN is roughly $333K. That puts it reasonable relative to the MN statewide average.
What investment strategy works best in Osage, MN?
For Osage, MN, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 56570 now. You don’t know where it ranks.
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