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

Sleepy Eye, MN has a median modeled monthly cash flow of $-294 and a median cap rate of 4.2%, on a median sold price of $164,000. Prices changed +10.9% year over year.

What is the average cap rate in Sleepy Eye, MN?

The median cap rate across recently sold homes in Sleepy Eye, MN is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Sleepy Eye, MN?

The median sold price in Sleepy Eye, MN is $164,000 (about $106 per square foot).

Investing in Sleepy Eye, MN Real Estate

A data-driven snapshot of the Sleepy Eye, 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.

$164,000Median sold price

$106Median $/sqft

4.2%Median cap rate

$-294Modeled cash flow / mo

+10.9%Appreciation YoY

15.2Months of supply

38Active listings

30Sold (last 12 mo)

What the Sleepy Eye numbers say

In Sleepy Eye, MN, the median home sold for $164,000 (about $106 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-294 of monthly cash flow. Sold prices moved +10.9% over the past year. Inventory sits at about 15.2 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 Sleepy Eye cash-flowing listings

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