Mille Lacs cap rate
Cap rate
1.8%
Ranks #2,834 of 3,071 U.S. counties, in the top 92%.
- vs. national median3.5%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.