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

Two Harbors, MN has a median modeled monthly cash flow of $-817 and a median cap rate of 3.0%, on a median sold price of $261,250. Prices changed -9.6% year over year.

What is the average cap rate in Two Harbors, MN?

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

What is the median home price in Two Harbors, MN?

The median sold price in Two Harbors, MN is $261,250 (about $175 per square foot).

Investing in Two Harbors, MN Real Estate

A data-driven snapshot of the Two Harbors, 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.

$261,250Median sold price

$175Median $/sqft

3.0%Median cap rate

$-817Modeled cash flow / mo

-9.6%Appreciation YoY

2.1Months of supply

26Active listings

146Sold (last 12 mo)

What the Two Harbors numbers say

In Two Harbors, MN, the median home sold for $261,250 (about $175 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-817 of monthly cash flow. Sold prices moved -9.6% over the past year. Inventory sits at about 2.1 months of supply — a tight, seller-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 Two Harbors cash-flowing listings

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