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

Ida, MN has a median modeled monthly cash flow of $-2,578 and a median cap rate of 1.4%, on a median sold price of $362,600. Prices changed +4.9% year over year.

What is the average cap rate in Ida, MN?

The median cap rate across recently sold homes in Ida, MN is 1.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ida, MN?

The median sold price in Ida, MN is $362,600 (about $279 per square foot).

Investing in Ida, MN Real Estate

A data-driven snapshot of the Ida, 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.

$362,600Median sold price

$279Median $/sqft

1.4%Median cap rate

$-2,578Modeled cash flow / mo

+4.9%Appreciation YoY

4.0Months of supply

20Active listings

60Sold (last 12 mo)

What the Ida numbers say

In Ida, MN, the median home sold for $362,600 (about $279 per square foot), and the typical deal models out to a 1.4% cap rate with a median $-2,578 of monthly cash flow. Sold prices moved +4.9% over the past year. Inventory sits at about 4.0 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 Ida cash-flowing listings

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