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

New Brighton, MN has a median modeled monthly cash flow of $-949 and a median cap rate of 3.2%, on a median sold price of $399,000. Prices changed +2.7% year over year.

What is the average cap rate in New Brighton, MN?

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

What is the median home price in New Brighton, MN?

The median sold price in New Brighton, MN is $399,000 (about $193 per square foot).

Investing in New Brighton, MN Real Estate

A data-driven snapshot of the New Brighton, 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.

$399,000Median sold price

$193Median $/sqft

3.2%Median cap rate

$-949Modeled cash flow / mo

+2.7%Appreciation YoY

9.7Months of supply

196Active listings

243Sold (last 12 mo)

What the New Brighton numbers say

In New Brighton, MN, the median home sold for $399,000 (about $193 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-949 of monthly cash flow. Sold prices moved +2.7% over the past year. Inventory sits at about 9.7 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 New Brighton cash-flowing listings

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