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

Waite Park, MN has a median modeled monthly cash flow of $-641 and a median cap rate of 3.2%, on a median sold price of $264,750. Prices changed +2.9% 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 3.2%, 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 $264,750 (about $158 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.

$264,750Median sold price

$158Median $/sqft

3.2%Median cap rate

$-641Modeled cash flow / mo

+2.9%Appreciation YoY

14.8Months of supply

99Active listings

80Sold (last 12 mo)

What the Waite Park numbers say

In Waite Park, MN, the median home sold for $264,750 (about $158 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-641 of monthly cash flow. Sold prices moved +2.9% over the past year. Inventory sits at about 14.8 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 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.