Under $500K Investment Properties for Sale in Anoka, MN
Listed for sale 4 days ago
$ 359,900
ROI
24.9
Cash Flow/m
513- 5 Bed
- 2 Bath
- 1906 sft
943 Blackoaks Ln, Anoka, MN, 55303
Listed for sale 4 days ago
$ 369,900
ROI
28.2Cash Flow/m
870- 3 Bed
- 2 Bath
- 1822 sft
3511 W Mineral Pond Blvd, Anoka, MN, 55303
$ 259,900
ROI
29.3Cash Flow/m
687- 3 Bed
- 2 Bath
- 1432 sft
1420 Cleveland St, Anoka, MN, 55303
$ 349,900
ROI
30.0Cash Flow/m
995- 3 Bed
- 2 Bath
- 1542 sft
1316 7th Ave, Anoka, MN, 55303
Why Invest in Anoka, Minnesota?
Investing in Anoka, MN with properties under $500k offers attractive opportunities for steady rental income and moderate appreciation. This affordable market provides an average cap rate of 6.5%, rental yields near 7%, and a healthy renter occupancy of 65%. Investors can expect average cash flow around $800 monthly, benefiting from the city’s stable economy and growing population. Anoka’s proximity to Minneapolis and access to employment hubs support consistent demand for rental housing.
7%
Avg. ROI
6.8%
Rental Yield
6.5%
Cap Rate
$800/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Anoka is approximately 6.8%, making it an attractive market for rental income investors.
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