Real Estate Investing in Remer, Minnesota (56672)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 56672 (Remer, 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: 63.3% of homes vacant — above national norms.
- High price-to-rent: Price-to-rent ratio 30.1 — 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 Remer, MN (56672)?
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Market Analysis: 56672 Remer
ZIP 56672 in Remer, MN carries a impressive set of headwinds. Home values near $316K and rents of $873/mo sit inside a market where underwriting has to be tight.
The investment case in 56672 is sturdy only for operators who understand what they are buying. A $316K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 56672 and stronger Remer ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 56672 ZIP's population of 1,955 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.
Experienced landlords with local relationships tend to find 56672 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 Remer:
Property Strategy for 56672
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $305,664 | $970 | 2.3% | +10.4% | $152,832 |
| 3BR | $374,942 | $1,300 | 2.5% | +9.7% | $124,981 |
| 4BR | $448,356 | $1,640 | 2.6% | — | $112,089 |
Market Trends
Home Value History (with trend line)
📊 How Does 56672 Compare?
| Metric | 56672 | Remer | Minnesota |
|---|---|---|---|
| Home Value | $315,721 | $315,721 | $340,597 |
| 5-Year CAGR | 6.9% | 6.9% | 4.9% |
| Avg Rent | $873 | $873 | - |
| Cap Rate | 2.2% | 2.2% | - |
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 56672 (Remer, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $315,721 |
| Monthly Rent | $873 |
| Price-to-Rent | 30.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.2% |
| 5-Year IRR | 9.0% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +6.9% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (2.2%). 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 56672
Population: 1,955
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 56672
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
Is MN a landlord-friendly state?
Rental owners in Remer, MN deal with a balanced legal framework. Most standard eviction processes run on reasonable timelines.
Is real estate in Remer, MN a good investment right now?
The 3.0/5 investability rating in Remer, MN reflects its $316K prices and $873/mo rents. Investors generally consider it a solid option within MN.
Is Remer, MN a good market for FHA house hackers?
House hacking in Remer, MN is reasonable to execute. Prices around $316K and rents of $873/mo solid owner-occupant economics.
What is the average monthly rent in Remer, MN?
Remer, MN rentals go for roughly $873/mo a month. That puts gross yield in solid territory relative to $316K acquisition costs.
Is the tenant base reliable in Remer, MN?
Expect a solid tenant pool in Remer, MN. The rental market absorbs $873/mo rents without meaningful friction.
You know 56672 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 56672 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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