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

Buffalo, MN has a median modeled monthly cash flow of $-1,079 and a median cap rate of 2.8%, on a median sold price of $360,000. Prices changed -1.1% year over year.

What is the average cap rate in Buffalo, MN?

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

What is the median home price in Buffalo, MN?

The median sold price in Buffalo, MN is $360,000 (about $176 per square foot).

Investing in Buffalo, MN Real Estate

A data-driven snapshot of the Buffalo, 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.

$360,000Median sold price

$176Median $/sqft

2.8%Median cap rate

$-1,079Modeled cash flow / mo

-1.1%Appreciation YoY

5.9Months of supply

149Active listings

301Sold (last 12 mo)

What the Buffalo numbers say

In Buffalo, MN, the median home sold for $360,000 (about $176 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,079 of monthly cash flow. Sold prices moved -1.1% over the past year. Inventory sits at about 5.9 months of supply. 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 Buffalo cash-flowing listings

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