Mille Lacs cap rate
The cap rate in Mille Lacs is 1.6%, ranking #2,841 of 3,071 U.S. counties. Updated monthly and free to explore.
Cap rate
1.6%
Ranks #2,841 of 3,071 U.S. counties, in the top 92%.
- vs. national median3.4%Mille Lacs is lower than the U.S. median
- vs. Minnesota median2.6%Mille Lacs is lower than the Minnesota median
What cap rate means
Capitalization rate estimates the annual return on a rental property before financing: gross rent divided by purchase price. Higher cap rates mean stronger cash flow relative to price, which investors weigh against appreciation potential and risk. We estimate it from local rents and home values; verify against an actual listing before underwriting a deal.
Mille Lacs cap rate: common questions
What is the cap rate in Mille Lacs?
The cap rate in Mille Lacs is 1.6%, which ranks #2,841 of 3,071 U.S. counties. Curb Report updates this monthly and it is free to view.
Is the cap rate in Mille Lacs above or below the national average?
Mille Lacs is lower than the U.S. median of 3.4%, putting it in the top 92% of U.S. counties.
How does Mille Lacs compare with the rest of Minnesota?
Mille Lacs is lower than the Minnesota median of 2.6%.
What does cap rate mean?
Capitalization rate estimates the annual return on a rental property before financing: gross rent divided by purchase price. Higher cap rates mean stronger cash flow relative to price, which investors weigh against appreciation potential and risk. We estimate it from local rents and home values; verify against an actual listing before underwriting a deal.