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

Lakeville, MN has a median modeled monthly cash flow of $-1,430 and a median cap rate of 3.2%, on a median sold price of $499,900. Prices changed -0.5% year over year.

What is the average cap rate in Lakeville, MN?

The median cap rate across recently sold homes in Lakeville, MN is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lakeville, MN?

The median sold price in Lakeville, MN is $499,900 (about $197 per square foot).

Investing in Lakeville, MN Real Estate

A data-driven snapshot of the Lakeville, 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.

$499,900Median sold price

$197Median $/sqft

3.2%Median cap rate

$-1,430Modeled cash flow / mo

-0.5%Appreciation YoY

8.9Months of supply

789Active listings

1,066Sold (last 12 mo)

What the Lakeville numbers say

In Lakeville, MN, the median home sold for $499,900 (about $197 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-1,430 of monthly cash flow. Sold prices moved -0.5% 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 Lakeville cash-flowing listings

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