Is Renville County, MN good for real estate investing?

Renville County has an investment score of 75/100, rated as "Strong Buy". The county ranks #40 nationally among 1000 counties analyzed.

What is the median home price in Renville?

The median home price in Renville County is $187,350. This ranks #188 in affordability among all US counties.

Can you cash flow on rental properties in Renville?

Based on median values with 20% down at current rates, a typical rental in Renville County would generate positive cash flow of $0/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Renville County

MinnesotaPopulation: 14,707

/100

Strong Buy

#40 of 1,000 counties

#11 in Minnesota (87 counties)

Market Snapshot

$187,350

Median Home Price

32% below national median

$11,212/mo

Est. Rent

Based on regional data

5.98%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score

75/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

83/100

Based on 4.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

88/100

Price-to-income ratio of 2.8x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Affordable relative to local incomes

Challenges

-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-Limited rent data (estimates used)

Economic Indicators

Population

14,707

Median Income

$66,313

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

2.8x

Very affordable

Compare to Nearby Counties

County					Verdict
CurrentRenvilleMN	75	$187,350	Est. pending	—	Strong Buy
LyonMN	75	$209,836	Est. pending	—	Strong Buy	View
KoochichingMN	75	$150,511	Est. pending	—	Strong Buy	View
Saint LouisMN	73	$241,512	$1,575	7.82%	Buy	View
NicolletMN	73	$302,667	Est. pending	—	Buy	View
PolkMN	73	$236,136	Est. pending	—	Buy	View

The Bottom Line

Strong BuyRenville is a strong buy market with excellent fundamentals for buy-and-hold investors.

Renville County in Minnesota scores 75/100, ranking #40 of 1,000 US counties (top 4%).

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash