New Hope, MN Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in New Hope, MN. Based on 10+ datapoints.
New Hope, MN Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.3%
Avg Cash on Cash
-9.6%
Median Cashflow
-$538/mo
Avg Rent Estimate
$2,387/mo
Avg Price
$381,482
Price Range
$299,900 - $539,999
Rent to Price
0.63%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in New Hope, MN
New Hope, MN is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.3%, 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 New Hope, MN is -$538 with average rents of $2,387/month. Properties range from $299,900 to $539,999, offering entry points across multiple investment budgets.
3433 Gettysburg Ave N, New Hope, MN 55427
Price
$539,999
Rent
$2,356
CachFlow
-$1,760
CoC
-18.62
3141 Hillsboro Ave N, New Hope, MN 55427
Price
$398,700
Rent
$2,036
CachFlow
-$1,068
CoC
-15.31
New Hope, MN Rental Market Insights
- •Median cashflow is -$538/month — careful deal selection is essential here
- •4.3% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, New Hope, MN requires selective property picks
- •Mid-to-upper tier market with properties from $299,900 to $539,999
- •Consider this market if your strategy favors equity growth with rental income covering holding costs