Minnesota
Swift County
ZIP 56231
9,787 residents15 permits TTM$62,601 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$147,100
ACS 5-Year
Cap rate proxy
7.3%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.3%
HUD FMR ÷ ACS HHI
Net migration
+0.29%
IRS SOI
Permits (TTM)
15
Census BPS
Climate risk
25.1
FEMA NRI (0–100)
ZIP 56231
Median home value
$147,100
Gross yield
7.9%
Cap rate
7.3%
Rent gap
7.5%
Affordability
P/I: 2.4R/I: —
Section 8 detail
SAFMR: $973Rent: $900Gap: 8.1%
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 56208 | $137,030 | $973 | 8.5% | 7.9% | 7.5% |
| 56215 | $179,243 | $973 | 6.5% | 6.0% | 7.5% |
| 56231 | $147,100county est. | $973 | 7.9% | 7.3% | 7.5% |
| 56249 | $147,100county est. | $973 | 7.9% | 7.3% | 7.5% |
| 56252 | $224,791 | $973 | 5.2% | 4.8% | 7.5% |
Ranked by composite score
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Demographics
Owner-occupied
74.3%
Census ACS
Vacancy rate
12.0%
Census ACS
Bachelor's degree +
23.0%
Census ACS
Rent burdened
46.8%
Census ACS (>30% income)
Median age
43.4
Census ACS
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