What is the rental yield in The Lakes, Blaine, Minnesota?

The gross yield in The Lakes, Blaine, Minnesota is 6.5. Prices are in line with Blaine and about 9% below Minnesota, while over the past year prices were down 2.9. The Red Flag score is 57, walkability is 52, and education is in the 87th percentile.

How does The Lakes compare with Blaine and Minnesota on pricing?

The Lakes, Blaine, Minnesota is in line with Blaine and about 9% below Minnesota. The gross yield is 6.5, and over the past year prices were down 2.9. The Red Flag score is 57, walkability is 52, and education is in the 87th percentile.

Neighborhood

The Lakes

Blaine, Minnesota US

The Lakes, Blaine, Minnesota has a yield-led profile, with a gross yield of 6.5 and prices in line with Blaine and about 9% below Minnesota. Over the past year, prices were down 2.9, indicating weaker recent momentum. The neighborhood has walkability of 52 and a Red Flag score of 57, while education is in the 87th percentile, which is a clear relative strength in the data.

AI Summary•Updated May 2026

Area

12.04 mi²

ZIP Code

55449

County

Anoka County

State

Minnesota

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesWashU ACAG — satellite PM2.5EPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$452,366

YoY-2.9%

Gross Rental Yield

6.5%

Listed rent · ZORI annualized

Red Flag Index

Moderate

57 / 100

Walkability Score

Somewhat Walkable

OpenStreetMap POI density · national percentile

Education Score

87 / 100

Excellent · better than 87% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Good

DistrictScore attractiveness · national model

The Lakes Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for The Lakes, Blaine.

Unlock the The Lakes 12-month price trend

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$452,366	-2.9%
Price / Sq Ft (Verified)	$195/sqft	+0.7%
Asking Rent (Median)	$2,431/mo	+9.2%
Gross Rental Yield	6.5%	—
Liquidity Score	40 / 100	Moderate
Homes Sold (Period)	152	-22.4%

Is The Lakes Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Minnesota crime context.

Red Flag Breakdown

57 / 100

Moderate Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Strong Wind100Very High

Hail80Very High

Flood60High

Wildfire60High

Tornado60High

Heat40Moderate

Earthquake20Low

Hurricanen/an/a

7/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Minnesota averaged 18.6 crimes and 2.6 violent per 1,000 residents (-4.8% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

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Tract-level hazard heatmap & parcel detail with Pro

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What Stands Out AI Insight

Above-average gross rental yield at 6.5%

Active transaction volume — 152 homes sold last period

Strong Wind risk is Very High (100/100)

Hail risk is Very High (80/100)

Insights are generated from The Lakes's live DistrictScore metrics.

The Lakes Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Minnesota-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Air Quality — PM2.5

2015–2024

7.5 µg/m³ Meets EPA, above WHO guideline-3.7% since 2015

EPA 9WHO 5

20152024

Annual mean fine-particle (PM2.5) concentration at the The Lakes centroid, satellite-derived (ACAG). References: WHO guideline 5 µg/m³ · EPA annual standard 9 µg/m³. Latest year ranks worse than 91% of U.S. neighborhoods.

Minnesota Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	18.6	2.6	-4.8%
2023	19.7	2.6	-12.3%
2022	22.6	2.8	-3.9%
2021	23.5	3.1	-1.1%
2020	24.0	2.8	+3.5%
2019	23.3	2.4	—

Reported at the state level — the finest official US crime aggregation; The Lakes inherits the Minnesota figures.

Radon Potential

EPA

Zone 2

Zone 2 — Moderate potential · The Lakes

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Superfund (NPL)4.1 kmModerate

Industrial odor3 nearbyVery High

Point-source screening near The Lakes: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in The Lakes

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

52

Somewhat Walkable

Walkability Score

7

Grocery

23

Dining

4

Schools

0

Universities

4

Hospitals

3

Pharmacies

45

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within The Lakes's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

The Lakes vs Blaine vs Minnesota

How The Lakes benchmarks against its city and state medians.

Benchmark vs City & State

In The Lakes, the median sale price sits in line with the median for Blaine neighborhoods and about 7% below the statewide median. Gross rental yield is 6.5%, against 6.5% for Blaine neighborhoods and 5.5% statewide. Over the past 12 months, prices fell 2.9%. Transaction liquidity sits in line with the median for Blaine neighborhoods and above the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
The Lakes	$195/sqft	6.5%	40
Blaine	$195/sqft	6.5%	40
Minnesota	$209/sqft	5.5%	32

Unlock the The Lakes benchmark

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Buying Property in the US as a Foreigner

Federal & Minnesota tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.99% average effective rate (statewide average; set and collected locally).

State Income Tax

State income tax up to 9.85%; rental income is taxed at these rates.

State Capital Gains

Capital gains are taxed as ordinary income at state rates.

Transfer Tax

Real estate transfer tax: deed tax 0.33%.

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

No statewide mansion tax or statewide rent control.

US citizens & tax residents7

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

1031 State Conformity

The state conforms to the federal 1031 like-kind exchange rules.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Minnesota property-tax guidance for foreign buyers

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The Lakes Real Estate FAQ

The Lakes, Blaine, Minnesota has a gross yield of 6.5 and prices in line with Blaine and about 9% below Minnesota. Over the past year, prices were down 2.9. The Red Flag score is 57, walkability is 52, and education is in the 87th percentile.

Neighborhoods near The Lakes

Compare The Lakes with nearby neighborhoods in Blaine.

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