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

New London, MN has a median modeled monthly cash flow of $-1,374 and a median cap rate of 1.7%, on a median sold price of $302,000. Prices changed -14.9% year over year.

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

The median cap rate across recently sold homes in New London, MN is 1.7%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in New London, MN is $302,000 (about $160 per square foot).

Investing in New London, MN Real Estate

A data-driven snapshot of the New London, 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.

$302,000Median sold price

$160Median $/sqft

1.7%Median cap rate

$-1,374Modeled cash flow / mo

-14.9%Appreciation YoY

5.6Months of supply

32Active listings

68Sold (last 12 mo)

What the New London numbers say

In New London, MN, the median home sold for $302,000 (about $160 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-1,374 of monthly cash flow. Sold prices moved -14.9% over the past year. Inventory sits at about 5.6 months of supply. 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 London cash-flowing listings

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