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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Chokio, MN
$ 229,900
ROI
30.3
Cash Flow/m
673- 3 Bed
- 2 Bath
- 2385 sft
63501 300th St, Chokio, MN, 56221
$ 159,900
ROI
25.2Cash Flow/m
243- 3 Bed
- 2 Bath
- 2484 sft
201 2nd St W, Chokio, MN, 56221
$ 210,000
ROI
26.9Cash Flow/m
418- 3 Bed
- 2 Bath
- 2646 sft
204 1st St E, Chokio, MN, 56221
$ 214,900
ROI
28.5Cash Flow/m
525- 3 Bed
- 2 Bath
- 2000 sft
610 S Main St, Chokio, MN, 56221
Why Invest in Chokio, Minnesota?
Investing in high rental yield properties in Chokio, MN offers attractive returns in a stable Midwestern market. The area's average rental yield stands at a competitive 8.5%, with an average ROI around 12%, reflecting strong cash flow opportunities. Investors benefit from a favorable cap rate of 6.5% and reasonable property appreciation near 3% annually. Rental rates remain affordable with average monthly rents of $750, catering to a largely renter-occupied community with 60% tenancy.
12%
Avg. ROI
8.5%
Rental Yield
6.5%
Cap Rate
$400/mo
Avg. Cash Flow
$750/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Chokio is approximately 8.5%, indicating healthy returns relative to property values.
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