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

Deerwood, MN has a median modeled monthly cash flow of $-1,526 and a median cap rate of 1.1%, on a median sold price of $315,000. Prices changed -23.0% year over year.

What is the average cap rate in Deerwood, MN?

The median cap rate across recently sold homes in Deerwood, MN is 1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Deerwood, MN?

The median sold price in Deerwood, MN is $315,000 (about $248 per square foot).

Investing in Deerwood, MN Real Estate

A data-driven snapshot of the Deerwood, 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.

$315,000Median sold price

$248Median $/sqft

1.1%Median cap rate

$-1,526Modeled cash flow / mo

-23.0%Appreciation YoY

5.9Months of supply

21Active listings

43Sold (last 12 mo)

What the Deerwood numbers say

In Deerwood, MN, the median home sold for $315,000 (about $248 per square foot), and the typical deal models out to a 1.1% cap rate with a median $-1,526 of monthly cash flow. Sold prices moved -23.0% 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 Deerwood cash-flowing listings

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