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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Bovey, MN
Fix & Flip
Listed for sale 4 days ago
$ 189,000
ROI
29.6
Cash Flow/m
517- 3 Bed
- 2 Bath
- 2388 sft
29366 Twin Lakes Dr, Bovey, MN, 55709
Motivated Seller
Listed for sale 4 days ago
$ 119,000
ROI
25.7Cash Flow/m
197- 2 Bed
- 2 Bath
- 764 sft
209 S Guyer St, Bovey, MN, 55709
$ 125,000
ROI
23.2Cash Flow/m
119- 3 Bed
- 2 Bath
- 1416 sft
27135 Trout Lake Rd, Bovey, MN, 55709
$ 264,900
ROI
25.5Cash Flow/m
424- 3 Bed
- 2 Bath
- 1568 sft
908 Trailview St, Bovey, MN, 55709
Why Invest in Bovey, Minnesota?
Investing in Bovey, MN with a focus on high ROI properties offers promising opportunities due to the area's growing rental demand and stable property appreciation. Investors can expect an average ROI of 8%, supported by rental yields near 6.5% and cap rates around 7%. The region boasts steady cash flow with average monthly rents around $900 and a renter occupancy rate of 70%. These metrics highlight a balanced market favorable for income-focused real estate investments.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Bovey offers solid rental yields and cap rates, combined with steady job growth and population stability, making high ROI properties particularly appealing for investors.
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