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

Pipestone, MN has a median modeled monthly cash flow of $-839 and a median cap rate of 2.3%, on a median sold price of $145,000. Prices changed -3.4% year over year.

What is the average cap rate in Pipestone, MN?

The median cap rate across recently sold homes in Pipestone, MN is 2.3%, 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 $145,000 (about $100 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.

$145,000Median sold price

$100Median $/sqft

2.3%Median cap rate

$-839Modeled cash flow / mo

-3.4%Appreciation YoY

10.9Months of supply

41Active listings

45Sold (last 12 mo)

What the Pipestone numbers say

In Pipestone, MN, the median home sold for $145,000 (about $100 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-839 of monthly cash flow. Sold prices moved -3.4% over the past year. Inventory sits at about 10.9 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.