Is Nicollet County, MN good for real estate investing?

Nicollet County has an investment score of 62/100, rated as "Buy". The county ranks #272 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Nicollet?

The rent-to-price ratio in Nicollet County is 4.91% annually, which ranks in the 24th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Nicollet?

The median home price in Nicollet County is $304,199. This ranks #680 in affordability among all US counties.

Can you cash flow on rental properties in Nicollet?

Based on median values with 20% down at current rates, a typical rental in Nicollet County would generate negative cash flow of $786/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Nicollet County

MinnesotaPopulation: 34,380

/100

Buy

#272 of 1,000 counties

#51 in Minnesota (87 counties)

Market Snapshot

$304,199

Median Home Price

30% above national median

$1,245/mo

Median Rent

18% below national median

4.91%

Rent-to-Price Ratio

Top 76% nationally

-$786

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$304,199

Down Payment (20%)$60,840

Loan Amount$243,359

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,245

Monthly P&I-$1,595

Est. Expenses (35%)-$436

Net Cash Flow-$786/mo

3.2%

Cap Rate (all cash)

-13.5%

Cash-on-Cash Return

4.91%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 3.2% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

62/100

Cash Flow(30%)

44/100

Based on 4.91% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

88/100

Based on 5.6% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

72/100

Price-to-income ratio of 3.8x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Strong price appreciation (+5.6% YoY)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Below-average rent-to-price ratio (4.91%)
-Negative cash flow at typical financing (-$786/mo)
-Negative leverage (cap rate 3.2% < mortgage rate 6.9%)

Economic Indicators

Population

34,380

Median Income

$79,113

vs $57,022 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.8x

Moderately affordable

Compare to Nearby Counties

County					Verdict
CarltonMN	63	$287,179	$1,250	5.22%	Buy	View
CurrentNicolletMN	62	$304,199	$1,245	4.91%	Buy
AnokaMN	62	$361,220	$1,644	5.46%	Buy	View
WrightMN	62	$384,109	$1,802	5.63%	Buy	View
McLeodMN	62	$285,953	$1,250	5.25%	Buy	View
CottonwoodMN	60	$163,785	Est. pending	—	Buy	View

The Bottom Line

BuyNicollet offers solid investment potential with good cash flow or appreciation prospects.

Nicollet County in Minnesota scores 62/100, ranking #272 of 1,000 US counties (top 36%). The 4.91% rent-to-price ratio may require creative strategies or below-market purchases for positive cash flow. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow

$-786/mo

Cap Rate

3.2%

Cash-on-Cash

-13.5%

Ready to Analyze a Deal in Nicollet?

Use our investment calculators to run detailed numbers on specific properties.

Single Family1-4 unit rentals, BRRRR House HackOwner-occupied strategy Multifamily5+ unit properties

Explore Other Markets

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$304,199

Down Payment (20%)$60,840

Loan Amount$243,359

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,245

Monthly P&I-$1,595

Est. Expenses (35%)-$436

Net Cash Flow-$786/mo

3.2%

Cap Rate (all cash)

-13.5%

Cash-on-Cash Return

4.91%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 3.2% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full Analysis Try House Hack Strategy

Score Breakdown

Overall Investment Score

62/100

Cash Flow(30%)

44/100

Based on 4.91% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

88/100

Based on 5.6% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

72/100

Price-to-income ratio of 3.8x. Lower ratios indicate more affordable markets.

County

Verdict

CarltonMN

$287,179

$1,250

5.22%

Buy

View

CurrentNicolletMN

$304,199

$1,245

4.91%

Buy

AnokaMN

$361,220

$1,644

5.46%

Buy

View

WrightMN

$384,109

$1,802

5.63%

Buy

View

McLeodMN

$285,953

$1,250

5.25%

Buy

View

CottonwoodMN

$163,785

Est. pending

—

Buy

View

The Bottom Line

BuyNicollet offers solid investment potential with good cash flow or appreciation prospects.

Monthly Cash Flow

$-786/mo

Cap Rate

3.2%

Cash-on-Cash

-13.5%