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

New Prague, MN has a median modeled monthly cash flow of $-969 and a median cap rate of 3.4%, on a median sold price of $370,000. Prices changed -3.2% year over year.

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

The median cap rate across recently sold homes in New Prague, MN is 3.4%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in New Prague, MN is $370,000 (about $169 per square foot).

Investing in New Prague, MN Real Estate

A data-driven snapshot of the New Prague, 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.

$370,000Median sold price

$169Median $/sqft

3.4%Median cap rate

$-969Modeled cash flow / mo

-3.2%Appreciation YoY

7.8Months of supply

68Active listings

105Sold (last 12 mo)

What the New Prague numbers say

In New Prague, MN, the median home sold for $370,000 (about $169 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-969 of monthly cash flow. Sold prices moved -3.2% over the past year. Inventory sits at about 7.8 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 Prague cash-flowing listings

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