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

First Assessment, MN has a median modeled monthly cash flow of $-1,865 and a median cap rate of 1.5%, on a median sold price of $340,000. Prices changed +18.4% year over year.

What is the average cap rate in First Assessment, MN?

The median cap rate across recently sold homes in First Assessment, MN is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in First Assessment, MN?

The median sold price in First Assessment, MN is $340,000 (about $212 per square foot).

Investing in First Assessment, MN Real Estate

A data-driven snapshot of the First Assessment, 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.

$340,000Median sold price

$212Median $/sqft

1.5%Median cap rate

$-1,865Modeled cash flow / mo

+18.4%Appreciation YoY

8.9Months of supply

86Active listings

116Sold (last 12 mo)

What the First Assessment numbers say

In First Assessment, MN, the median home sold for $340,000 (about $212 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-1,865 of monthly cash flow. Sold prices moved +18.4% 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 First Assessment cash-flowing listings

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