Is East Grand Forks, MN a good place to invest in rental property?

East Grand Forks, MN has a median modeled monthly cash flow of $-637 and a median cap rate of 3.7%, on a median sold price of $276,900. Prices changed +9.3% year over year.

What is the average cap rate in East Grand Forks, MN?

The median cap rate across recently sold homes in East Grand Forks, MN is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in East Grand Forks, MN?

The median sold price in East Grand Forks, MN is $276,900 (about $222 per square foot).

Investing in East Grand Forks, MN Real Estate

A data-driven snapshot of the East Grand Forks, 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.

$276,900Median sold price

$222Median $/sqft

3.7%Median cap rate

$-637Modeled cash flow / mo

+9.3%Appreciation YoY

9.5Months of supply

75Active listings

95Sold (last 12 mo)

What the East Grand Forks numbers say

In East Grand Forks, MN, the median home sold for $276,900 (about $222 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-637 of monthly cash flow. Sold prices moved +9.3% over the past year. Inventory sits at about 9.5 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 East Grand Forks cash-flowing listings

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