Is Thief River Falls, MN a good place to invest in rental property?

Thief River Falls, MN has a median modeled monthly cash flow of $-124 and a median cap rate of 5.5%, on a median sold price of $164,200. Prices changed -5.2% year over year.

What is the average cap rate in Thief River Falls, MN?

The median cap rate across recently sold homes in Thief River Falls, MN is 5.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Thief River Falls, MN?

The median sold price in Thief River Falls, MN is $164,200 (about $110 per square foot).

Investing in Thief River Falls, MN Real Estate

A data-driven snapshot of the Thief River Falls, 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.

$164,200Median sold price

$110Median $/sqft

5.5%Median cap rate

$-124Modeled cash flow / mo

-5.2%Appreciation YoY

7.4Months of supply

73Active listings

118Sold (last 12 mo)

What the Thief River Falls numbers say

In Thief River Falls, MN, the median home sold for $164,200 (about $110 per square foot), and the typical deal models out to a 5.5% cap rate with a median $-124 of monthly cash flow. Sold prices moved -5.2% over the past year. Inventory sits at about 7.4 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 Thief River Falls cash-flowing listings

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