Minneapolis, MN — Rental Investment Analysis
🔴WEAK— appreciation play onlyCap Rate
3.9%
Below average
Monthly Cash Flow
-$728
After all expenses
Price-to-Rent
14.6
Investor-friendly
DSCR
0.61
Fails
📊 Key Metrics
- Median Home Price
- $352,555
- Average Rent (3BR)
- $2,130/mo
- Price-to-Rent Ratio
- 14.6(good)
- 1% Rule
- 0.57%(fails — need 1%+)
- Cash-on-Cash Return
- -10.8%
- Vacancy Rate
- 8.0%
📈 Market Strength
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →📈 Population Movement (Tax Year 2021→2022)
Net Migration
-4,243 households
SHRINKING
Total Inflow
525,776
households moved in
Avg Income (New Residents)
$133,659
per household
Where they're coming from:
1.Hennepin Non-migrants, MN507,965 households · avg $135,391
2.Anoka, MN3,386 households · avg $59,878
3.Dakota, MN3,257 households · avg $68,447
4.Carver, MN1,076 households · avg $120,898
5.Cook, IL680 households · avg $107,026
Where residents are leaving to:
1.Hennepin Non-migrants, MN507,965 households
2.Anoka, MN4,443 households
3.Dakota, MN3,981 households
4.Carver, MN1,656 households
5.Cook, IL820 households
💡 Net outflow may indicate weakening demand — but can mean lower prices and higher cap rates.
🏘️ Best Zip Codes in Minneapolis for Investors
All Zip Codes in Minneapolis
| Zip | Cap Rate | Cash Flow | Home Price | Rent (3BR) | DSCR |
|---|---|---|---|---|---|
| 55454 | 9.4% | +$387 | $153,104 | $1,730/mo | 1.47 |
| 55403 | 9.2% | +$466 | $198,604 | $2,200/mo | 1.44 |
| 55401 | 8.8% | +$614 | $307,991 | $3,280/mo | 1.37 |
| 55412 | 8.0% | +$308 | $236,523 | $2,320/mo | 1.25 |
| 55404 | 6.6% | +$44 | $241,701 | $2,040/mo | 1.03 |
| 55415 | 6.5% | +$52 | $391,376 | $3,280/mo | 1.03 |
| 55408 | 6.3% | -$17 | $293,287 | $2,390/mo | 0.99 |
| 55411 | 5.7% | -$143 | $243,870 | $1,830/mo | 0.89 |
| 55413 | 5.2% | -$328 | $327,301 | $2,290/mo | 0.81 |
| 55407 | 4.6% | -$470 | $317,966 | $2,040/mo | 0.72 |
| 55414 | 4.5% | -$548 | $345,309 | $2,170/mo | 0.70 |
| 55406 | 4.3% | -$592 | $346,990 | $2,130/mo | 0.68 |
| 55418 | 3.9% | -$728 | $352,555 | $2,010/mo | 0.61 |
| 55409 | 3.8% | -$808 | $375,424 | $2,100/mo | 0.60 |
| 55417 | 3.6% | -$878 | $383,420 | $2,080/mo | 0.57 |
| 56329 | 3.3% | -$884 | $341,685 | $1,730/mo | 0.51 |
| 55322 | 3.1% | -$1,239 | $455,122 | $2,230/mo | 0.49 |
| 55065 | 3.0% | -$1,288 | $463,651 | $2,240/mo | 0.48 |
| 55320 | 2.9% | -$1,100 | $373,758 | $1,730/mo | 0.45 |
| 55009 | 2.8% | -$1,133 | $378,602 | $1,730/mo | 0.44 |
| 55419 | 2.8% | -$1,493 | $500,244 | $2,290/mo | 0.44 |
| 55405 | 2.8% | -$1,401 | $467,083 | $2,130/mo | 0.44 |
| 55088 | 2.3% | -$1,996 | $589,440 | $2,410/mo | 0.36 |
| 55410 | 2.3% | -$2,072 | $600,651 | $2,410/mo | 0.35 |
| 55031 | 2.1% | -$1,666 | $463,774 | $1,780/mo | 0.33 |