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

Underwood, MN has a median modeled monthly cash flow of $-1,319 and a median cap rate of 2.4%, on a median sold price of $205,500. Prices changed +4.3% year over year.

What is the average cap rate in Underwood, MN?

The median cap rate across recently sold homes in Underwood, MN is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Underwood, MN?

The median sold price in Underwood, MN is $205,500 (about $170 per square foot).

Investing in Underwood, MN Real Estate

A data-driven snapshot of the Underwood, 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.

$205,500Median sold price

$170Median $/sqft

2.4%Median cap rate

$-1,319Modeled cash flow / mo

+4.3%Appreciation YoY

5.2Months of supply

13Active listings

30Sold (last 12 mo)

What the Underwood numbers say

In Underwood, MN, the median home sold for $205,500 (about $170 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,319 of monthly cash flow. Sold prices moved +4.3% over the past year. Inventory sits at about 5.2 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 Underwood cash-flowing listings

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