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

Cass Lake, MN has a median modeled monthly cash flow of $-1,086 and a median cap rate of 2.3%, on a median sold price of $195,000. Prices changed -10.3% year over year.

What is the average cap rate in Cass Lake, MN?

The median cap rate across recently sold homes in Cass Lake, MN is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Cass Lake, MN?

The median sold price in Cass Lake, MN is $195,000 (about $156 per square foot).

Investing in Cass Lake, MN Real Estate

A data-driven snapshot of the Cass Lake, 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.

$195,000Median sold price

$156Median $/sqft

2.3%Median cap rate

$-1,086Modeled cash flow / mo

-10.3%Appreciation YoY

8.8Months of supply

42Active listings

57Sold (last 12 mo)

What the Cass Lake numbers say

In Cass Lake, MN, the median home sold for $195,000 (about $156 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-1,086 of monthly cash flow. Sold prices moved -10.3% over the past year. Inventory sits at about 8.8 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 Cass Lake cash-flowing listings

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