Under $500K Investment Properties for Sale in Brimson, MN
972- 4 Bed
- 3 Bath
- 2736 sft
283- 2 Bed
- 1 Bath
- 984 sft
244- 2 Bed
- 1 Bath
- 960 sft
985- 4 Bed
- 3 Bath
- 2652 sft
Why Invest in Brimson, Minnesota?
Investing in under $500k properties in Brimson, MN offers access to a unique market with solid appreciation prospects and moderate cap rates. This small community benefits from a rental yield of approximately 6.2%, an average ROI near 8%, and average cash flow around $350 monthly. Brimson’s affordable housing market attracts renter-occupied units close to 45%, indicating steady rental demand. The area's average rent stands at just under $900, making it appealing for investors seeking entry-level opportunities with growth potential.
Frequently Asked Questions
Properties under $500k in Brimson typically range from single-family homes to small multifamily units with prices generally between $200,000 and $500,000, making it accessible for first-time investors.
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