ZIP 56588 Foreclosure, Tax-Lien & Distress Report

Otter Tail County, Minnesota's ZIP 56588 registers 19/100 composite distress, which DLRadar reads as low. It additionally carries heavy environmental risk: climate & FEMA risk (79/100). The most distinctive pressure shows up in construction/permit lag (68/100), structural risk (41/100), mortgage stress (7/100). On the quiet end sit mortgage stress (7/100) and institutional ownership (3/100). Structurally it carries 41/100, against 2/100 of stress already in motion.

The market reads peak — home values rose 2.7% year on year (phase confidence 18/100). Near a top, distress surfaces unevenly, so parcel screening beats headline strength.

About 458 people live here, median age 57. 94% of housing is owner-occupied. A median home runs $344,400 here, or 4.2 times local income. Vacancy runs 50.0%, above the national norm and a classic distress-and-opportunity signal. DLRadar's demographic-stress index for the area reads 36/100. At $66,250, median income runs below typical U.S. levels. The ZIP holds roughly 395 housing units. Rent burden reaches 60% of tenant households. Educational attainment sits at 21% bachelor's-or-above. Roughly 2.0% live below the poverty line, a low share typical of higher-equity areas.

On the whole, 56588 leans distressed, with opportunity clustered in specific stressed parcels. There is no property file for 56588 at the moment; the composite and its components are still built from verifiable records.

No ZIP is too small to score: 56588 passes through the same foreclosure, tax, mortgage and bank-stress model as any major-metro ZIP, so its 19/100 composite is a like-for-like number rather than an isolated estimate. Every figure is auditable to a public dataset and refreshed as records update; 56588 shows blanks, not estimates, wherever the record is sparse.

Each component behind 56588 - foreclosure, mortgage stress, tax and lien delinquency, lender pullback, structural exposure - is graded on its own before the 19/100 roll-up. The point of the 56588 score is action: it tells you whether to open the ZIP, and DLRadar takes it from there to parcels, funding and close.