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

Backus, MN has a median modeled monthly cash flow of $-438 and a median cap rate of 4.5%, on a median sold price of $210,000. Prices changed -18.2% year over year.

What is the average cap rate in Backus, MN?

The median cap rate across recently sold homes in Backus, MN is 4.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Backus, MN?

The median sold price in Backus, MN is $210,000 (about $162 per square foot).

Investing in Backus, MN Real Estate

A data-driven snapshot of the Backus, 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.

$210,000Median sold price

$162Median $/sqft

4.5%Median cap rate

$-438Modeled cash flow / mo

-18.2%Appreciation YoY

1.4Months of supply

5Active listings

43Sold (last 12 mo)

What the Backus numbers say

In Backus, MN, the median home sold for $210,000 (about $162 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-438 of monthly cash flow. Sold prices moved -18.2% over the past year. Inventory sits at about 1.4 months of supply — a tight, seller-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 Backus cash-flowing listings

CashFlowRE ranks every for-sale home in Backus, 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 Backus deals, or browse the national market data.