Is the New Ulm, MN metro area good for real estate investing?

The New Ulm, MN metropolitan area has an investment score of 70/100, rated as "Buy". It ranks #220 nationally among 894 metro areas analyzed.

What is the median home price in New Ulm, MN?

The median home price in the New Ulm, MN metro area is $249,338. The metro area includes 0 counties with prices ranging from the most affordable to more premium markets.

Can you cash flow on rental properties in New Ulm, MN?

Based on median values with 20% down at current rates, a typical rental in the New Ulm, MN metro would generate negative cash flow of $1,307/month. Individual property and county performance varies. Explore the county-level analysis for more specific opportunities.

Metropolitan Area

New Ulm, MN

Minnesota0

/100

Buy

#220 of 894 metros

Top 24% nationally for investing

Market Snapshot

$249,338

Median Home Price

2% below national median

$14,711/mo

Est. Rent

Based on regional data

5.90%

Rent-to-Price Ratio

Estimated from price data

-$1,307

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

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

Score Breakdown

Overall Investment Score

70/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

81/100

Based on 10.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)

77/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

+Strong price appreciation (+10.0% YoY)
+Affordable relative to local incomes
+Low unemployment (0.0%)

Challenges

-Negative cash flow at typical financing (-$1,307/mo)
-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)

Counties in New Ulm, MN

County data is being compiled for this metro area.

Compare to Similar Metros

Metro Area					Verdict
Coffeyville, KS Coffeyville, KS	85	$101,366	$862	10.20%	Strong Buy	View
Blytheville, AR Blytheville, AR	84	$115,156	$1,064	11.08%	Strong Buy	View
Roanoke Rapids, NC Roanoke Rapids, NC	84	$107,523	$1,077	12.02%	Strong Buy	View
Enid, OK Enid, OK	83	$144,157	$1,250	10.40%	Strong Buy	View
Houghton, MI Houghton, MI	83	$194,696	$1,733	10.68%	Strong Buy	View
Current New Ulm, MN	70	$249,338	Est.		Buy

The Bottom Line

BuyNew Ulm, MN offers solid investment potential with good cash flow or appreciation prospects.

The New Ulm, MN metro area scores 70/100, ranking #220 of 894 US metros (top 24%). Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow

$-1,307/mo

Cap Rate

0.0%

Cash-on-Cash

-31.5%

Ready to Invest in New Ulm, MN?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

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