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

Luverne, MN has a median modeled monthly cash flow of $-662 and a median cap rate of 2.9%, on a median sold price of $224,000. Prices changed -6.5% year over year.

What is the average cap rate in Luverne, MN?

The median cap rate across recently sold homes in Luverne, MN is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Luverne, MN?

The median sold price in Luverne, MN is $224,000 (about $122 per square foot).

Investing in Luverne, MN Real Estate

A data-driven snapshot of the Luverne, 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.

$224,000Median sold price

$122Median $/sqft

2.9%Median cap rate

$-662Modeled cash flow / mo

-6.5%Appreciation YoY

21.1Months of supply

81Active listings

46Sold (last 12 mo)

What the Luverne numbers say

In Luverne, MN, the median home sold for $224,000 (about $122 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-662 of monthly cash flow. Sold prices moved -6.5% over the past year. Inventory sits at about 21.1 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 Luverne cash-flowing listings

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