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

Empire, MN has a median modeled monthly cash flow of $-1,214 and a median cap rate of 3.5%, on a median sold price of $467,450. Prices changed -5.2% year over year.

What is the average cap rate in Empire, MN?

The median cap rate across recently sold homes in Empire, MN is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Empire, MN?

The median sold price in Empire, MN is $467,450 (about $181 per square foot).

Investing in Empire, MN Real Estate

A data-driven snapshot of the Empire, 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.

$467,450Median sold price

$181Median $/sqft

3.5%Median cap rate

$-1,214Modeled cash flow / mo

-5.2%Appreciation YoY

8.9Months of supply

34Active listings

46Sold (last 12 mo)

What the Empire numbers say

In Empire, MN, the median home sold for $467,450 (about $181 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-1,214 of monthly cash flow. Sold prices moved -5.2% over the past year. Inventory sits at about 8.9 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 Empire cash-flowing listings

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