Real Estate Investing in Kabetogama, Minnesota (56669)

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

Koochiching County • Population: 234 • Data updated: September 2026

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Should you buy in 56669 (Kabetogama, MN)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (45/100)

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
1 flag
  • High vacancy: 60.5% of homes vacant — above national norms.

• 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 Kabetogama, MN (56669)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $268,302
Avg Monthly Rent $936
1% Rule ✗ Does Not Meet
Median Income $54,500
% Renters 1.5%

Market Analysis: 56669 Kabetogama

Not every below-median market is a bargain. Kabetogama's 56669 ZIP stands at signals that favor experienced operators who can absorb the risk $268K pricing implies.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 56669 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

The gap between 56669 and stronger Kabetogama ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Resident income in 56669 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

Distressed ZIPs reward experience. resilient returns are possible in 56669, but they flow to investors who already understand how to operate in soft markets.

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 Kabetogama:

C Below Average
Buy Confidence Score: 58/100
Affordability
10/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.9× the median income
Value Trend
Rising (+8.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $936/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
⚖️
BALANCED MARKET
Duluth, MN-WI Metro Area
Even conditions for buyers and sellers
49 days
Average time to sell
Average
8.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Duluth, MN-WI metro data

Market Trends

Home Value History (with trend line)

$278K$249K$221K$192K$163K$134KMay 2012Jul 2019Jul 2026

📊 How Does 56669 Compare?

Metric 56669 Kabetogama Duluth, MN-WI Minnesota
Home Value $268,302 $268,302 N/A $340,597
5-Year CAGR 3.5% 3.5% N/A 4.9%
Avg Rent $936 $936 N/A -
Cap Rate 2.7% 2.7% - -
💡 Why Invest in 56669? 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 56669 (Kabetogama, MN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.7%
Low
5yr Growth
+3.5%
Moderate

📊 Market Snapshot

Home Value $268,302
Monthly Rent $936
Price-to-Rent 23.9:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.2%
Cap Rate 2.7%
5-Year IRR 6.3%

📈 Home Appreciation

1-Year +8.4% ▲
3-Year CAGR +0.4% ▲
5-Year CAGR +3.5% ▲
10-Year CAGR +4.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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.

Vacancy
60.5%
Elevated risk
Landlord Climate
3.0/5
Balanced
Value Trend (5yr)
+3.5%
Stable
Eviction process: Slow Rent control: Moderate

Demographics in 56669

Population: 234

💰 Median Household Income
$54,500
This area
$54,500
State
$77,168
USA
$74,580
🏠 Renter Occupied
1.5%
This area
1.5%
State
18.9%
USA
34.0%
💼 Unemployment Rate
0.0%
This area
0.0%
State
-3.2%
USA
3.7%
🎓 College Educated
19.2%
This area
19.2%
State
20.0%
USA
33.7%
👤 Median Age
62.2 years
This area
62.2 years
State
37.2 years
USA
38.9 years
🏚️ Vacancy Rate
60.5%
This area
60.5%
State
17.0%
USA
10.5%
👥 Population by Ethnicity
White 96.2%
Black/African American 1.9%
Other/Mixed 1.9%
👶 Under 18
10.7%
This area
10.7%
USA
22.0%
👴 65 and Over
38.7%
This area
38.7%
USA
17.3%
📊 Poverty Rate
2.8%
This area
2.8%
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

Frequently Asked Questions

Is Kabetogama, MN a smart market for rental property?

Our data puts Kabetogama, MN at 3.0/5 for investability. Home prices of $268K and rents around $936/mo create a solid backdrop for investor activity.

Is it easy to find good tenants in Kabetogama, MN?

Kabetogama, MN draws a even-keeled base of working renters. Demand at the $936/mo rent level is reasonable for standard single-family and small multi rentals.

How quickly do rentals get leased in Kabetogama, MN?

Kabetogama, MN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

Can I house hack in Kabetogama, MN?

For house hackers, Kabetogama, MN is a challenging. The $936/mo rent on a unit helps defray the mortgage on a $268K property.

How much is rent in Kabetogama, MN?

The typical rental in Kabetogama, MN commands about $936/mo monthly. That rent profile predictable cash flow against the $268K purchase basis.

You know 56669 now. You don’t know where it ranks.

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How 56669 ranks in Duluth, MN-WI

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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