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

Waite Park, MN has a median modeled monthly cash flow of $-577 and a median cap rate of 3.4%, on a median sold price of $239,950. Prices changed +2.0% year over year.

What is the average cap rate in Waite Park, MN?

The median cap rate across recently sold homes in Waite Park, MN is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Waite Park, MN?

The median sold price in Waite Park, MN is $239,950 (about $153 per square foot).

Investing in Waite Park, MN Real Estate

A data-driven snapshot of the Waite 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.

$239,950Median sold price

$153Median $/sqft

3.4%Median cap rate

$-577Modeled cash flow / mo

+2.0%Appreciation YoY

8.9Months of supply

62Active listings

84Sold (last 12 mo)

What the Waite Park numbers say

In Waite Park, MN, the median home sold for $239,950 (about $153 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-577 of monthly cash flow. Sold prices moved +2.0% over the past year. Inventory sits at about 8.9 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 Waite Park cash-flowing listings

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