Investment Properties for Sale in Bovey, MN
Listed for sale 7 days ago
$ 169,000
ROI
24.6
Cash Flow/m
227- 3 Bed
- 2 Bath
- 2010 sft
208 6th Ave, Bovey, MN, 55709
Fix & Flip
$ 129,900
ROI
25.7Cash Flow/m
214- 3 Bed
- 1 Bath
- 1032 sft
22736 County Road 453, Bovey, MN, 55709
$ 138,500
ROI
25.4Cash Flow/m
216- 2 Bed
- 2 Bath
- 1200 sft
306 7th Ave, Bovey, MN, 55709
Airbnb Potential
$ 129,900
ROI
22.2Cash Flow/m
89- 2 Bed
- 1 Bath
- 1194 sft
41142 County Road 336, Bovey, MN, 55709
Why Invest in Bovey, Minnesota?
Investing in Bovey, MN offers unique opportunities due to its steady rental yields around 7%, attractive average ROI near 5%, and cap rates of approximately 6%. The smaller city brings average cash flows of about $600 monthly, supported by modest rent averages near $800. Appreciation trends remain positive with 3% annual growth, reflecting increasing renter occupancy approaching 48%. These metrics suggest Bovey as a promising location for investors seeking affordable entry with balanced returns.
5%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$600/mo
Avg. Cash Flow
$800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Bovey is approximately 7%, making it an attractive area for rental property investors.
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