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

Red Wing, MN has a median modeled monthly cash flow of $-647 and a median cap rate of 3.6%, on a median sold price of $276,500. Prices changed -4.2% year over year.

What is the average cap rate in Red Wing, MN?

The median cap rate across recently sold homes in Red Wing, MN is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Red Wing, MN?

The median sold price in Red Wing, MN is $276,500 (about $158 per square foot).

Investing in Red Wing, MN Real Estate

A data-driven snapshot of the Red Wing, 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.

$276,500Median sold price

$158Median $/sqft

3.6%Median cap rate

$-647Modeled cash flow / mo

-4.2%Appreciation YoY

5.3Months of supply

119Active listings

267Sold (last 12 mo)

What the Red Wing numbers say

In Red Wing, MN, the median home sold for $276,500 (about $158 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-647 of monthly cash flow. Sold prices moved -4.2% over the past year. Inventory sits at about 5.3 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 Red Wing cash-flowing listings

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