Is Carver County, MN good for real estate investing?

Carver County has an investment score of 54/100, rated as "Hold". The county ranks #698 nationally among 1000 counties analyzed.

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

The rent-to-price ratio in Carver County is 4.96% annually, which ranks in the 23th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Carver?

The median home price in Carver County is $470,978. This ranks #881 in affordability among all US counties.

Can you cash flow on rental properties in Carver?

Based on median values with 20% down at current rates, a typical rental in Carver County would generate negative cash flow of $1,205/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Carver County

MinnesotaPopulation: 107,216

/100

Hold

#698 of 1,000 counties

#83 in Minnesota (87 counties)

Market Snapshot

$470,978

Median Home Price

72% above national median

$1,945/mo

Median Rent

30% above national median

4.96%

Rent-to-Price Ratio

Top 77% nationally

-$1,205

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$470,978

Down Payment (20%)$94,196

Loan Amount$376,782

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,945

Monthly P&I-$2,469

Est. Expenses (35%)-$681

Net Cash Flow-$1,205/mo

3.2%

Cap Rate (all cash)

-13.3%

Cash-on-Cash Return

4.96%

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

54/100

Cash Flow(30%)

44/100

Based on 4.96% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

55/100

Based on 0.5% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

69/100

Price-to-income ratio of 4.0x. 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

+Complete rent data available

Challenges

-Below-average rent-to-price ratio (4.96%)
-Negative cash flow at typical financing (-$1,205/mo)
-Negative leverage (cap rate 3.2% < mortgage rate 6.9%)

Economic Indicators

Population

107,216

Median Income

$116,308

vs $62,400 national est.

Unemployment Rate

—

Data pending

Price-to-Income

4.0x

Moderately affordable

Compare to Nearby Counties

County					Verdict
RamseyMN	58	$326,548	$1,504	5.53%	Hold	View
IsantiMN	57	$329,762	$1,377	5.01%	Hold	View
ClayMN	56	$292,368	$999	4.10%	Hold	View
CurrentCarverMN	54	$470,978	$1,945	4.96%	Hold
DouglasMN	53	$328,874	$1,151	4.20%	Hold	View
Otter TailMN	51	$313,605	$976	3.73%	Hold	View

The Bottom Line

HoldCarver is a neutral market. Consider house hacking or targeting below-market deals.

Carver County in Minnesota scores 54/100, ranking #698 of 1,000 US counties (top 70%). The 4.96% 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

$-1,205/mo

Cap Rate

3.2%

Cash-on-Cash

-13.3%

Ready to Analyze a Deal in Carver?

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$470,978

Down Payment (20%)$94,196

Loan Amount$376,782

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,945

Monthly P&I-$2,469

Est. Expenses (35%)-$681

Net Cash Flow-$1,205/mo

3.2%

Cap Rate (all cash)

-13.3%

Cash-on-Cash Return

4.96%

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

54/100

Cash Flow(30%)

44/100

Based on 4.96% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

55/100

Based on 0.5% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

69/100

Price-to-income ratio of 4.0x. Lower ratios indicate more affordable markets.

County

Verdict

RamseyMN

$326,548

$1,504

5.53%

Hold

View

IsantiMN

$329,762

$1,377

5.01%

Hold

View

ClayMN

$292,368

$999

4.10%

Hold

View

CurrentCarverMN

$470,978

$1,945

4.96%

Hold

DouglasMN

$328,874

$1,151

4.20%

Hold

View

Otter TailMN

$313,605

$976

3.73%

Hold

View

The Bottom Line

HoldCarver is a neutral market. Consider house hacking or targeting below-market deals.

Monthly Cash Flow

$-1,205/mo

Cap Rate

3.2%

Cash-on-Cash

-13.3%