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

Ida, MN has a median modeled monthly cash flow of $-2,124 and a median cap rate of 1.5%, on a median sold price of $285,625. Prices changed +2.6% year over year.

What is the average cap rate in Ida, MN?

The median cap rate across recently sold homes in Ida, MN is 1.5%, 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 $285,625 (about $277 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.

$285,625Median sold price

$277Median $/sqft

1.5%Median cap rate

$-2,124Modeled cash flow / mo

+2.6%Appreciation YoY

5.1Months of supply

24Active listings

56Sold (last 12 mo)

What the Ida numbers say

In Ida, MN, the median home sold for $285,625 (about $277 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-2,124 of monthly cash flow. Sold prices moved +2.6% over the past year. Inventory sits at about 5.1 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.