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

Sandstone, MN has a median modeled monthly cash flow of $-487 and a median cap rate of 3.7%, on a median sold price of $203,500. Prices changed +1.4% year over year.

What is the average cap rate in Sandstone, MN?

The median cap rate across recently sold homes in Sandstone, MN is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Sandstone, MN?

The median sold price in Sandstone, MN is $203,500 (about $144 per square foot).

Investing in Sandstone, MN Real Estate

A data-driven snapshot of the Sandstone, 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.

$203,500Median sold price

$144Median $/sqft

3.7%Median cap rate

$-487Modeled cash flow / mo

+1.4%Appreciation YoY

5.2Months of supply

19Active listings

44Sold (last 12 mo)

What the Sandstone numbers say

In Sandstone, MN, the median home sold for $203,500 (about $144 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-487 of monthly cash flow. Sold prices moved +1.4% over the past year. Inventory sits at about 5.2 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 Sandstone cash-flowing listings

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