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

Waseca, MN has a median modeled monthly cash flow of $-553 and a median cap rate of 3.0%, on a median sold price of $237,000. Prices changed +7.7% year over year.

What is the average cap rate in Waseca, MN?

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

What is the median home price in Waseca, MN?

The median sold price in Waseca, MN is $237,000 (about $148 per square foot).

Investing in Waseca, MN Real Estate

A data-driven snapshot of the Waseca, 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.

$237,000Median sold price

$148Median $/sqft

3.0%Median cap rate

$-553Modeled cash flow / mo

+7.7%Appreciation YoY

4.7Months of supply

49Active listings

125Sold (last 12 mo)

What the Waseca numbers say

In Waseca, MN, the median home sold for $237,000 (about $148 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-553 of monthly cash flow. Sold prices moved +7.7% over the past year. Inventory sits at about 4.7 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 Waseca cash-flowing listings

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