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

Long Lake, MN has a median modeled monthly cash flow of $-1,571 and a median cap rate of 2.1%, on a median sold price of $450,000. Prices changed -1.5% year over year.

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

The median cap rate across recently sold homes in Long Lake, MN is 2.1%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Long Lake, MN is $450,000 (about $228 per square foot).

Investing in Long Lake, MN Real Estate

A data-driven snapshot of the Long Lake, 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.

$450,000Median sold price

$228Median $/sqft

2.1%Median cap rate

$-1,571Modeled cash flow / mo

-1.5%Appreciation YoY

7.2Months of supply

27Active listings

45Sold (last 12 mo)

What the Long Lake numbers say

In Long Lake, MN, the median home sold for $450,000 (about $228 per square foot), and the typical deal models out to a 2.1% cap rate with a median $-1,571 of monthly cash flow. Sold prices moved -1.5% over the past year. Inventory sits at about 7.2 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 Long Lake cash-flowing listings

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