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

Ottertail, MN has a median modeled monthly cash flow of $-1,690 and a median cap rate of 1.0%, on a median sold price of $354,000. Prices changed +7.9% year over year.

What is the average cap rate in Ottertail, MN?

The median cap rate across recently sold homes in Ottertail, MN is 1.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ottertail, MN?

The median sold price in Ottertail, MN is $354,000 (about $286 per square foot).

Investing in Ottertail, MN Real Estate

A data-driven snapshot of the Ottertail, 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.

$354,000Median sold price

$286Median $/sqft

1.0%Median cap rate

$-1,690Modeled cash flow / mo

+7.9%Appreciation YoY

4.9Months of supply

27Active listings

66Sold (last 12 mo)

What the Ottertail numbers say

In Ottertail, MN, the median home sold for $354,000 (about $286 per square foot), and the typical deal models out to a 1.0% cap rate with a median $-1,690 of monthly cash flow. Sold prices moved +7.9% over the past year. Inventory sits at about 4.9 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 Ottertail cash-flowing listings

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