Is Spring Lake Park, MN a good place to invest in rental property?

Spring Lake Park, MN has a median modeled monthly cash flow of $-911 and a median cap rate of 3.0%, on a median sold price of $328,250. Prices changed +1.6% year over year.

What is the average cap rate in Spring Lake Park, MN?

The median cap rate across recently sold homes in Spring Lake Park, MN is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Spring Lake Park, MN?

The median sold price in Spring Lake Park, MN is $328,250 (about $193 per square foot).

Investing in Spring Lake Park, MN Real Estate

A data-driven snapshot of the Spring Lake Park, 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.

$328,250Median sold price

$193Median $/sqft

3.0%Median cap rate

$-911Modeled cash flow / mo

+1.6%Appreciation YoY

6.3Months of supply

39Active listings

74Sold (last 12 mo)

What the Spring Lake Park numbers say

In Spring Lake Park, MN, the median home sold for $328,250 (about $193 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-911 of monthly cash flow. Sold prices moved +1.6% over the past year. Inventory sits at about 6.3 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 Spring Lake Park cash-flowing listings

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