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HC Residential

For Real Estate Investors

Turnkey Rental Properties in
North Metro

Target 8–12% ROI on brand-new, Energy Star-certified homes. Rent comps run $2,200–$2,800/month. Close in 30–45 days — no negotiations, no surprises.

8–12%
Target ROI
$2,200–$2,800
Monthly Rent Range
30–45 Days
To Close
$340K–$420K
Price Range
See Investment-Ready HomesRun the Numbers

Market Fundamentals

Why North Metro. Why Now.

Three convergent forces are creating one of the strongest new-construction rental markets in the upper Midwest.

📈

Population Explosion

The north metro is growing faster than almost anywhere else in Minnesota. Rogers is projected to add 90% more residents by 2050, while Dayton — Minnesota's fastest-growing city — is on track for 131% population growth. More residents means more renters.

131%

Dayton projected population growth by 2050 — highest in Minnesota

🏘️

Tight Rental Market

North metro vacancy rates range from 2.5% to 3.8% — far below the national average of 6.4%. Median 3-bedroom rents have grown steadily as demand outpaces supply. Otsego posts the tightest vacancy in the region at 2.8%, translating to near-zero days on market for rental listings.

2.5–3.8%

Vacancy rates across our markets — less than half the national average

🔑

New Construction Advantage

A brand-new home commands premium rents, attracts better-qualified tenants, and costs less to maintain. Hunter homes come with a 10-year structural warranty, 1-year mechanical warranty, and a HERS energy score averaging 50 — meaning tenants pay lower utility bills, reducing turnover.

10-Year

Structural warranty — near-zero capital expenditures in year one

Data-Driven Decision Making

The Numbers Behind the Market

Side-by-side comparison of our top five investor markets. Green indicates the best value in each column; red indicates the least favorable.

CityMedian PriceYoY AppreciationAvg Rent (3BR)Vacancy RatePop. Growth
Rogers$460,2626.8%$2,4003.2%+90%
Elk River$385,0005.2%$2,3003.5%+45%
Otsego$410,0007.1%$2,5002.8%+55%
Dayton$420,0008.5%$2,5002.5%+131%
Albertville$365,0005.8%$2,2003.8%+40%

Sources: MN Department of Administration population projections, Zillow Research (2025 Q4), CoStar rental vacancy data, Hennepin/Wright/Sherburne County Assessor. Data as of Q4 2025.

Interactive Tool

Run Your Numbers

Adjust purchase price, financing, rent, and expense assumptions. Results update live.

Property Inputs

$

Income

$
0%20%

Expenses

0%15%
0%5%
0.5%3%
$
0%12%
-$492
Monthly Cash Flow
Negative Cash Flow
-6.07%
Cash-on-Cash Return
$97,250 invested
3.88%
Cap Rate
Net / Purchase Price
$15,087
Annual NOI
Net Operating Income

Monthly Breakdown

Effective Gross Rent$2,280
Mortgage (P&I)($1,749)
Property Tax($357)
Insurance($150)
Maintenance($324)
Vacancy Reserve($120)
Property Management($192)
Net Monthly Cash Flow-$492

Investment Horizon

Cumulative Cash Flow (10 yr)-$59.0K
Projected Property Value$575,815
Equity Gain (appreciation + paydown)$234.4K
Total Return (cash flow + equity)$175.4K
Annualized Return10.86%

Estimates only. Assumes 30-year fixed mortgage, straight-line appreciation, and constant rent. Does not account for taxes on income, depreciation benefits, HOA fees, capital expenditures, or transaction costs. Consult a licensed financial advisor and CPA before investing.

Available Now

Current Investment-Ready Homes

All homes are investor-flagged, priced all-in with no hidden fees, and available for walk-through within 48 hours.

$389,900Rogers, MNAvailableInvestor Ready

4BR Craftsman in Rogers

221 Birchwood Ln, Rogers

4 BR2.5 BA2,240 sq ftHERS 52

Turnkey rental acquisition in Rogers. Estimated rent $2,200–$2,600/month. HERS 52 energy rating. 10-year structural warranty.

$2,450
Est. Rent
$454
Mo. Shortfall
4.0%
Cap Rate

Estimates assume 25% down, 6% rate, 30yr. Includes tax, insurance, 8% mgmt, 5% vacancy, 1% maintenance.

Energy StarMN Green PathSmart Home Ready
$359,900Elk River, MNAvailableInvestor Ready

3BR Ranch in Elk River

445 Maple Ridge Dr, Elk River

3 BR2 BA1,820 sq ftHERS 48

Turnkey rental in Elk River. Estimated rent $2,100–$2,500/month. Low HERS score of 48. Strong school district demand.

$2,300
Est. Rent
$397
Mo. Shortfall
4.1%
Cap Rate

Estimates assume 25% down, 6% rate, 30yr. Includes tax, insurance, 8% mgmt, 5% vacancy, 1% maintenance.

Energy StarMain Floor LaundryOpen Concept
$409,900Otsego, MNAvailableInvestor Ready

4BR Two-Story in Otsego

789 Summit View Ct, Otsego

4 BR3 BA2,480 sq ftHERS 50

Premium rental in Otsego. 3-car garage, 2,480 sq ft. Estimated rent $2,400–$2,800/month. Lowest vacancy rates in north metro.

$2,650
Est. Rent
$405
Mo. Shortfall
4.2%
Cap Rate

Estimates assume 25% down, 6% rate, 30yr. Includes tax, insurance, 8% mgmt, 5% vacancy, 1% maintenance.

3-Car GarageEnergy StarInvestor ReadySmart Home
$374,900Rogers, MNComing SoonInvestor Ready

3BR Ranch in Rogers

112 Prairie Wind Rd, Rogers

3 BR2 BA1,980 sq ftHERS 50

Coming soon. Rogers location. Estimated rent $2,200–$2,500/month.

$2,350
Est. Rent
$447
Mo. Shortfall
4.0%
Cap Rate

Estimates assume 25% down, 6% rate, 30yr. Includes tax, insurance, 8% mgmt, 5% vacancy, 1% maintenance.

Energy StarMN Green PathOpen Concept
$419,900Dayton, MNAvailableInvestor Ready

4BR Two-Story in Dayton

330 Heritage Oak Blvd, Dayton

4 BR2.5 BA2,360 sq ftHERS 49

Dayton — 131% projected growth. Turnkey rental with premium appreciation potential.

$2,550
Est. Rent
$554
Mo. Shortfall
3.8%
Cap Rate

Estimates assume 25% down, 6% rate, 30yr. Includes tax, insurance, 8% mgmt, 5% vacancy, 1% maintenance.

Energy StarNew ListingSmart Home Ready
$349,900Albertville, MNAvailableInvestor Ready

3BR Ranch in Albertville

567 Northstar Way, Albertville

3 BR2 BA1,750 sq ftHERS 51

Albertville value play. Lowest entry point with strong cash flow potential.

$2,200
Est. Rent
$422
Mo. Shortfall
3.9%
Cap Rate

Estimates assume 25% down, 6% rate, 30yr. Includes tax, insurance, 8% mgmt, 5% vacancy, 1% maintenance.

Energy StarMove-In ReadyValue Forward
See All Available Homes →
2Properties Owned
2 weeksRented Within
2025Purchase Year
I've bought two HC Residential homes as rentals. Both were rented within two weeks of closing. The builder treats investors like serious clients — refreshing.

David K.

Real Estate Investor · Elk River, MN

Volume Investors

Buying Multiple Properties?

HC Residential works directly with portfolio investors looking to acquire 2 or more properties. Our bulk purchase program offers priority access to upcoming inventory, volume pricing, and a dedicated investment advisor who knows the north metro numbers cold.

First access to pre-market and coming-soon listings
Volume pricing on 2+ property acquisitions
Single point of contact across all transactions
Coordinated closing timelines across properties
Bulk lender referrals at negotiated rates
Request a Bulk Purchase Consultation
2+
Properties
Minimum for bulk pricing
Priority
Inventory Access
Before public listings
48 hrs
Response Time
Dedicated investment advisor

Start the Conversation

Ready to Talk Numbers?

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Personalized market analysis for your target cities
Curated inventory list matching your criteria
Custom ROI projections at your financing terms
Introduction to investor-focused lending partners

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