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

Shorewood, MN has a median modeled monthly cash flow of $-5,796 and a median cap rate of 0.8%, on a median sold price of $923,000. Prices changed +9.3% year over year.

What is the average cap rate in Shorewood, MN?

The median cap rate across recently sold homes in Shorewood, MN is 0.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Shorewood, MN?

The median sold price in Shorewood, MN is $923,000 (about $275 per square foot).

Investing in Shorewood, MN Real Estate

A data-driven snapshot of the Shorewood, 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.

$923,000Median sold price

$275Median $/sqft

0.8%Median cap rate

$-5,796Modeled cash flow / mo

+9.3%Appreciation YoY

6.4Months of supply

68Active listings

128Sold (last 12 mo)

What the Shorewood numbers say

In Shorewood, MN, the median home sold for $923,000 (about $275 per square foot), and the typical deal models out to a 0.8% cap rate with a median $-5,796 of monthly cash flow. Sold prices moved +9.3% over the past year. Inventory sits at about 6.4 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 Shorewood cash-flowing listings

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