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

Delano, MN has a median modeled monthly cash flow of $-1,970 and a median cap rate of 1.7%, on a median sold price of $445,000. Prices changed -0.5% year over year.

What is the average cap rate in Delano, MN?

The median cap rate across recently sold homes in Delano, MN is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Delano, MN?

The median sold price in Delano, MN is $445,000 (about $189 per square foot).

Investing in Delano, MN Real Estate

A data-driven snapshot of the Delano, 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.

$445,000Median sold price

$189Median $/sqft

1.7%Median cap rate

$-1,970Modeled cash flow / mo

-0.5%Appreciation YoY

8.3Months of supply

143Active listings

207Sold (last 12 mo)

What the Delano numbers say

In Delano, MN, the median home sold for $445,000 (about $189 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-1,970 of monthly cash flow. Sold prices moved -0.5% over the past year. Inventory sits at about 8.3 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 Delano cash-flowing listings

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