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

Pipestone, MN has a median modeled monthly cash flow of $-596 and a median cap rate of 2.9%, on a median sold price of $141,810. Prices changed -6.9% year over year.

What is the average cap rate in Pipestone, MN?

The median cap rate across recently sold homes in Pipestone, MN is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Pipestone, MN?

The median sold price in Pipestone, MN is $141,810 (about $94 per square foot).

Investing in Pipestone, MN Real Estate

A data-driven snapshot of the Pipestone, 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.

$141,810Median sold price

$94Median $/sqft

2.9%Median cap rate

$-596Modeled cash flow / mo

-6.9%Appreciation YoY

13.6Months of supply

50Active listings

44Sold (last 12 mo)

What the Pipestone numbers say

In Pipestone, MN, the median home sold for $141,810 (about $94 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-596 of monthly cash flow. Sold prices moved -6.9% over the past year. Inventory sits at about 13.6 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 Pipestone cash-flowing listings

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