Minnesota

Cass County

ZIP 56655

30,688 residents259 permits TTM$64,937 median HHI13 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$262,300

ACS 5-Year

Cap rate proxy

4.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

16.4%

HUD FMR ÷ ACS HHI

Net migration

+2.34%

IRS SOI

Permits (TTM)

259

Census BPS

Climate risk

53.5

FEMA NRI (0–100)

ZIP 56655

Median home value

Gross yield

Cap rate

3.0%

Rent gap

Affordability

P/I: 5.5R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown13 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
566334.7%
564664.3%
566414.1%
566264.1%
564743.9%

Ranked by composite score

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Demographics

Owner-occupied

84.9%

Census ACS

Vacancy rate

47.4%

Census ACS

Bachelor's degree +

25.4%

Census ACS

Rent burdened

35.3%

Census ACS (>30% income)

Median age

49.7

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026