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

Northeast Itasca, MN has a median modeled monthly cash flow of $-1,449 and a median cap rate of 1.3%, on a median sold price of $245,500. Prices changed +0.2% year over year.

What is the average cap rate in Northeast Itasca, MN?

The median cap rate across recently sold homes in Northeast Itasca, MN is 1.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Northeast Itasca, MN?

The median sold price in Northeast Itasca, MN is $245,500 (about $213 per square foot).

Investing in Northeast Itasca, MN Real Estate

A data-driven snapshot of the Northeast Itasca, 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.

$245,500Median sold price

$213Median $/sqft

1.3%Median cap rate

$-1,449Modeled cash flow / mo

+0.2%Appreciation YoY

9.3Months of supply

28Active listings

36Sold (last 12 mo)

What the Northeast Itasca numbers say

In Northeast Itasca, MN, the median home sold for $245,500 (about $213 per square foot), and the typical deal models out to a 1.3% cap rate with a median $-1,449 of monthly cash flow. Sold prices moved +0.2% over the past year. Inventory sits at about 9.3 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 Northeast Itasca cash-flowing listings

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