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

Deer River, MN has a median modeled monthly cash flow of $-564 and a median cap rate of 2.9%, on a median sold price of $187,500. Prices changed -1.0% year over year.

What is the average cap rate in Deer River, MN?

The median cap rate across recently sold homes in Deer River, MN is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Deer River, MN?

The median sold price in Deer River, MN is $187,500 (about $154 per square foot).

Investing in Deer River, MN Real Estate

A data-driven snapshot of the Deer River, 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.

$187,500Median sold price

$154Median $/sqft

2.9%Median cap rate

$-564Modeled cash flow / mo

-1.0%Appreciation YoY

4.1Months of supply

11Active listings

32Sold (last 12 mo)

What the Deer River numbers say

In Deer River, MN, the median home sold for $187,500 (about $154 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-564 of monthly cash flow. Sold prices moved -1.0% over the past year. Inventory sits at about 4.1 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 Deer River cash-flowing listings

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