Lake City Investment Analysis

Investment Property in Lake City, MN

Home Investment Performance Rent Prices Top Properties Attractions Insights

Lake City, MN Real Estate Investment Performance

PROPERTY SALE PRICE

$ 358,400

Median

2,087

Avg/Sq.ft.

CASH ON CASH RETURN

4.00%

Traditional

5.00%

Airbnb

RENTAL INCOME

$ 2,194

Traditional

$ 4,874

Airbnb

RENTAL INCOME

$ 2,194

Traditional

$ 4,874

Airbnb

NUMBER OF PROPERTIES

10

Investment

33

Airbnb

1

Traditional

48%

Airbnb occupancy rate

Lake City, MN Properties Rental Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 1,549	$ 2,045	$ 4,428	$ 4,874
Traditional	$ 1,086	$ 3,673	$ 1,710	$ 2,065

Airbnb

1 ROOM	$ 1,549
2 ROOMS	$ 2,045
3 ROOMS	$ 4,428
4 ROOMS	$ 4,874

Traditional

1 ROOM	$ 1,086
2 ROOMS	$ 3,673
3 ROOMS	$ 1,710
4 ROOMS	$ 2,065

Predict Short-Term Rental Revenue

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Investment Properties for Sale in Lake City, MN

$124,942

MLS 6505720

942 W Iowa Street, Lake City, MN 55041

Lake City

Single Family Residential

2 beds 1 baths 1,100 sq.ft.

CAP RATE Trad. 7.97% Airbnb 10.10%

Analyze Property

$389,000

MLS 6494423

407 W Center Street, Lake City, MN 55041

Lake City

Single Family Residential

4 beds 2 baths 2,560 sq.ft.

CAP RATE Trad. 3.88% Airbnb 8.35%

Analyze Property

$499,000

MLS 6433980

1509 Wildwood Drive, Lake City, MN 55041

Lake City

Single Family Residential

3 beds 3 baths 1,779 sq.ft.

CAP RATE Trad. 3.74% Airbnb 5.19%

Analyze Property

$575,000

MLS 6493238

1516 Wildwood Drive, Lake City, MN 55041

Lake City

Single Family Residential

4 beds 3 baths 2,357 sq.ft.

CAP RATE Trad. 2.94% Airbnb 4.92%

Analyze Property

$824,900

MLS 6479588

30228 712th Street, Lake City, MN 55041

Lake City

Single Family Residential

4 beds 3 baths 3,045 sq.ft.

CAP RATE Trad. 1.31% Airbnb 2.67%

Analyze Property

$839,900

MLS 6479591

30389 714th Street, Lake City, MN 55041

Lake City

Single Family Residential

4 beds 3 baths 2,795 sq.ft.

CAP RATE Trad. 1.25% Airbnb 2.59%

Analyze Property

$289,000

MLS 6526387

100 Central Point Road #203, Lake City, MN 55041

Lake City

Condo/Coop

1 beds 1 baths 850 sq.ft.

CAP RATE Trad. 0.26% Airbnb 0.32%

Analyze Property

$289,900

MLS 6521594

1022 N Garden Street, Lake City, MN 55041

Lake City

Multi Family

2 beds 2 baths 1,436 sq.ft.

CAP RATE Trad. 4.79% Airbnb N/A

Analyze Property

Single Family Houses for Sale in Lake City, MN

$124,942

MLS 6505720

942 W Iowa Street, Lake City, MN 55041

Lake City

Single Family Residential

2 beds 1 baths 1,100 sq.ft.

CAP RATE Trad. 7.97% Airbnb 10.10%

Analyze Property

$389,000

MLS 6494423

407 W Center Street, Lake City, MN 55041

Lake City

Single Family Residential

4 beds 2 baths 2,560 sq.ft.

CAP RATE Trad. 3.88% Airbnb 8.35%

Analyze Property

$499,000

MLS 6433980

1509 Wildwood Drive, Lake City, MN 55041

Lake City

Single Family Residential

3 beds 3 baths 1,779 sq.ft.

CAP RATE Trad. 3.74% Airbnb 5.19%

Analyze Property

$575,000

MLS 6493238

1516 Wildwood Drive, Lake City, MN 55041

Lake City

Single Family Residential

4 beds 3 baths 2,357 sq.ft.

CAP RATE Trad. 2.94% Airbnb 4.92%

Analyze Property

Airbnb Vacation Rentals in Lake City, MN

$103 per night Airbnb occupancy rate 67%

Guest suite 1 · 1 · 4

Quiet, quaint, private home in the woods! Lake City, MN, United States

Rental Income: $2,120 per month

148

Calculate Rental Income

$183 per night Airbnb occupancy rate 52%

House 3 · 2 · 10

The Light House Lake City, MN, United States

Rental Income: $2,898 per month

Calculate Rental Income

$126 per night Airbnb occupancy rate 58%

Cabin 2 · 1 · 5

Cabin at Whiskey Bluffs Lake City, MN, United States

Rental Income: $2,247 per month

Calculate Rental Income

$168 per night Airbnb occupancy rate 42%

Apartment 2 · 1 · 6

The Crow’s Nest Lake City, MN, United States

Rental Income: $2,170 per month

Calculate Rental Income

$185 per night Airbnb occupancy rate 36%

House 2 · 1 · 4

Anchors Away on Lake Pepin Lake City, MN, United States

Rental Income: $2,050 per month

Calculate Rental Income

$174 per night Airbnb occupancy rate 72%

Vacation home 3 · 2 · 6

The Great River Escape Lake City, MN, United States

Rental Income: $3,828 per month

Calculate Rental Income

$390 per night Airbnb occupancy rate 60%

House 4 · 2 · 12

Cheerful beautiful home with an amazing lake view. Lake City, MN, United States

Rental Income: $7,150 per month

Calculate Rental Income

$100 per night Airbnb occupancy rate 46%

Other 0 · 1 · 2

The Birch Studio Lake City, MN, United States

Rental Income: $1,408 per month

Calculate Rental Income

Real Estate Investment Analysis - Other Cities in minnesota

City Name	Property price	Cash on cash return		Rental Income		No. of Properties	Airbnb Occupancy Rate
City Name	Median	traditional	Airbnb	traditional	Airbnb	No. of Properties	Airbnb Occupancy Rate
Minneapolis	$327,450	4%	4%	$2,207	$2,877	706	67%
Andover	$489,450	3%	5%	$2,544	$4,288	78	65%
Willmar	$344,000	5%	5%	$2,046	$1,840	11	63%
Mankato	$369,900	5%	5%	$2,239	$2,550	55	62%
Champlin	$374,900	4%	3%	$2,357	$2,354	39	61%
Saint Paul	$275,000	5%	5%	$2,121	$2,611	366	61%
Saint Cloud	$277,500	5%	4%	$1,882	$1,952	117	59%
Minnetonka	$547,450	3%	2%	$3,126	$2,755	86	57%
Inver Grove Heights	$434,900	4%	4%	$2,431	$3,007	60	57%
Maple Grove	$424,950	4%	5%	$2,709	$3,712	144	57%
Hibbing	$170,950	8%	12%	$1,854	$2,742	16	57%
Buffalo	$419,900	3%	3%	$2,172	$2,612	41	55%
Northfield	$495,000	4%	4%	$2,174	$3,172	21	54%
Duluth	$362,450	3%	6%	$2,065	$4,412	56	53%
Shakopee	$338,000	5%	4%	$2,685	$4,147	51	50%
Mound	$447,450	3%	5%	$2,483	$3,739	34	49%
Chaska	$407,900	4%	2%	$2,470	$2,354	43	45%
Baxter	$332,400	4%	5%	$2,232	$2,997	30	45%
Wyoming	$432,315	3%	9%	$2,237	$5,876	19	45%