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

Mendota Heights, MN has a median modeled monthly cash flow of $-2,677 and a median cap rate of 1.5%, on a median sold price of $580,000. Prices changed +8.9% year over year.

What is the average cap rate in Mendota Heights, MN?

The median cap rate across recently sold homes in Mendota Heights, MN is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mendota Heights, MN?

The median sold price in Mendota Heights, MN is $580,000 (about $227 per square foot).

Investing in Mendota Heights, MN Real Estate

A data-driven snapshot of the Mendota Heights, 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.

$580,000Median sold price

$227Median $/sqft

1.5%Median cap rate

$-2,677Modeled cash flow / mo

+8.9%Appreciation YoY

8.1Months of supply

95Active listings

141Sold (last 12 mo)

What the Mendota Heights numbers say

In Mendota Heights, MN, the median home sold for $580,000 (about $227 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-2,677 of monthly cash flow. Sold prices moved +8.9% over the past year. Inventory sits at about 8.1 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 Mendota Heights cash-flowing listings

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