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

Owatonna, MN has a median modeled monthly cash flow of $-801 and a median cap rate of 3.2%, on a median sold price of $282,000. Prices changed +2.6% year over year.

What is the average cap rate in Owatonna, MN?

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

What is the median home price in Owatonna, MN?

The median sold price in Owatonna, MN is $282,000 (about $156 per square foot).

Investing in Owatonna, MN Real Estate

A data-driven snapshot of the Owatonna, 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.

$282,000Median sold price

$156Median $/sqft

3.2%Median cap rate

$-801Modeled cash flow / mo

+2.6%Appreciation YoY

5.8Months of supply

185Active listings

381Sold (last 12 mo)

What the Owatonna numbers say

In Owatonna, MN, the median home sold for $282,000 (about $156 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-801 of monthly cash flow. Sold prices moved +2.6% over the past year. Inventory sits at about 5.8 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 Owatonna cash-flowing listings

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