Real Estate Investing in Euclid, Minnesota (56722)
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Should you buy in 56722 (Euclid, MN)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• 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 Euclid, MN (56722)?
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Market Analysis: 56722 Euclid
This part of Polk County is not an easy win. The 56722 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 56722 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Euclid have seen price recovery that 56722 has not matched. Polk County data supports the view that the spread is structural rather than temporary.
From a cash-flow lens, 351 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The 56722 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Euclid:
Market Trends
Home Value History (with trend line)
📊 How Does 56722 Compare?
| Metric | 56722 | Euclid | Grand Forks, ND-MN | Minnesota |
|---|---|---|---|---|
| Home Value | $265,037 | $265,037 | N/A | $340,597 |
| 5-Year CAGR | 5.4% | 5.4% | N/A | 4.9% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 2.7% | 2.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 56722 (Euclid, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $265,037 |
| Monthly Rent | $927 |
| Price-to-Rent | 23.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.2% |
| Cap Rate | 2.7% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | N/A |
🏠 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 (2.7%). 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 56722
Population: 351
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
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What price range are homes in Euclid, MN?
In Euclid, MN the median home value sits at $265K. Against the broader MN market, that reads as reasonable for most investors.
Is vacancy a concern in Euclid, MN?
Occupancy in Euclid, MN runs predictable with elevated vacancy. Well-priced units at $927/mo lease on reasonable timelines.
How much rent can I charge in Euclid, MN?
Rental rates in Euclid, MN average $927/mo. Tenant demand and $265K home values make the yield look reasonable by investor standards.
Does Euclid, MN favor landlords or tenants?
For rental operators, Euclid, MN rates as balanced. The regulatory environment standard buy-and-hold operations.
How qualified is the tenant pool in Euclid, MN?
Working renters make up the core of the Euclid, MN tenant base. The pool is reasonable for investors targeting long-term holds.
You know 56722 now. You don’t know where it ranks.
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How 56722 ranks in Grand Forks, ND-MN
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