Is Babbitt, MN a good place to invest in rental property?

Babbitt, MN has a median modeled monthly cash flow of $-694 and a median cap rate of 2.8%, on a median sold price of $148,000. Prices changed +3.0% year over year.

What is the average cap rate in Babbitt, MN?

The median cap rate across recently sold homes in Babbitt, MN is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Babbitt, MN?

The median sold price in Babbitt, MN is $148,000 (about $120 per square foot).

Investing in Babbitt, MN Real Estate

A data-driven snapshot of the Babbitt, MN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$148,000Median sold price

$120Median $/sqft

2.8%Median cap rate

$-694Modeled cash flow / mo

+3.0%Appreciation YoY

7.5Months of supply

33Active listings

53Sold (last 12 mo)

What the Babbitt numbers say

In Babbitt, MN, the median home sold for $148,000 (about $120 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-694 of monthly cash flow. Sold prices moved +3.0% over the past year. Inventory sits at about 7.5 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Minnesota markets to compare

See Babbitt cash-flowing listings

CashFlowRE ranks every for-sale home in Babbitt, MN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Babbitt deals, or browse the national market data.