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

Shingobee, MN has a median modeled monthly cash flow of $-3,147 and a median cap rate of 1.0%, on a median sold price of $396,500. Prices changed -15.3% year over year.

What is the average cap rate in Shingobee, MN?

The median cap rate across recently sold homes in Shingobee, MN is 1.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Shingobee, MN?

The median sold price in Shingobee, MN is $396,500 (about $211 per square foot).

Investing in Shingobee, MN Real Estate

A data-driven snapshot of the Shingobee, 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.

$396,500Median sold price

$211Median $/sqft

1.0%Median cap rate

$-3,147Modeled cash flow / mo

-15.3%Appreciation YoY

10.7Months of supply

32Active listings

36Sold (last 12 mo)

What the Shingobee numbers say

In Shingobee, MN, the median home sold for $396,500 (about $211 per square foot), and the typical deal models out to a 1.0% cap rate with a median $-3,147 of monthly cash flow. Sold prices moved -15.3% over the past year. Inventory sits at about 10.7 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 Shingobee cash-flowing listings

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