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

Lake City, MN has a median modeled monthly cash flow of $-1,884 and a median cap rate of 0.2%, on a median sold price of $301,200. Prices changed +7.8% year over year.

What is the average cap rate in Lake City, MN?

The median cap rate across recently sold homes in Lake City, MN is 0.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lake City, MN?

The median sold price in Lake City, MN is $301,200 (about $188 per square foot).

Investing in Lake City, MN Real Estate

A data-driven snapshot of the Lake City, 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.

$301,200Median sold price

$188Median $/sqft

0.2%Median cap rate

$-1,884Modeled cash flow / mo

+7.8%Appreciation YoY

13.5Months of supply

110Active listings

98Sold (last 12 mo)

What the Lake City numbers say

In Lake City, MN, the median home sold for $301,200 (about $188 per square foot), and the typical deal models out to a 0.2% cap rate with a median $-1,884 of monthly cash flow. Sold prices moved +7.8% over the past year. Inventory sits at about 13.5 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 Lake City cash-flowing listings

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