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

Minnetonka, MN has a median modeled monthly cash flow of $-1,448 and a median cap rate of 2.6%, on a median sold price of $500,000. Prices changed +1.8% year over year.

What is the average cap rate in Minnetonka, MN?

The median cap rate across recently sold homes in Minnetonka, MN is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Minnetonka, MN?

The median sold price in Minnetonka, MN is $500,000 (about $228 per square foot).

Investing in Minnetonka, MN Real Estate

A data-driven snapshot of the Minnetonka, 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.

$500,000Median sold price

$228Median $/sqft

2.6%Median cap rate

$-1,448Modeled cash flow / mo

+1.8%Appreciation YoY

10.3Months of supply

656Active listings

761Sold (last 12 mo)

What the Minnetonka numbers say

In Minnetonka, MN, the median home sold for $500,000 (about $228 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-1,448 of monthly cash flow. Sold prices moved +1.8% over the past year. Inventory sits at about 10.3 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 Minnetonka cash-flowing listings

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