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

Waconia, MN has a median modeled monthly cash flow of $-1,426 and a median cap rate of 3.0%, on a median sold price of $470,000. Prices changed +1.5% year over year.

What is the average cap rate in Waconia, MN?

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

What is the median home price in Waconia, MN?

The median sold price in Waconia, MN is $470,000 (about $201 per square foot).

Investing in Waconia, MN Real Estate

A data-driven snapshot of the Waconia, 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.

$470,000Median sold price

$201Median $/sqft

3.0%Median cap rate

$-1,426Modeled cash flow / mo

+1.5%Appreciation YoY

8.8Months of supply

194Active listings

265Sold (last 12 mo)

What the Waconia numbers say

In Waconia, MN, the median home sold for $470,000 (about $201 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,426 of monthly cash flow. Sold prices moved +1.5% over the past year. Inventory sits at about 8.8 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 Waconia cash-flowing listings

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