Elk River, MN Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Elk River, MN. Based on 10+ datapoints.
Elk River, MN Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.5%
Avg Cash on Cash
-6.9%
Median Cashflow
-$554/mo
Avg Rent Estimate
$2,449/mo
Avg Price
$405,100
Price Range
$281,100 - $580,000
Rent to Price
0.6%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Elk River, MN
Elk River, MN is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.5%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Elk River, MN is -$554 with average rents of $2,449/month. Properties range from $281,100 to $580,000, offering entry points across multiple investment budgets.
19472 Ulysses St NW, Elk River, MN 55330
Price
$580,000
Rent
$2,356
CachFlow
-$1,823
CoC
-17.96
19461 Rawlins Cir NW, Elk River, MN 55330
Price
$542,200
Rent
$2,651
CachFlow
-$1,669
CoC
-17.59
Elk River, MN Rental Market Insights
- •Median cashflow is -$554/month — careful deal selection is essential here
- •4.5% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Elk River, MN requires selective property picks
- •Mid-to-upper tier market with properties from $281,100 to $580,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs