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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K 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 Chokio, MN properties under $300k offers a unique opportunity to enter a stable market with attractive returns. The city features an average ROI of 7.2%, rental yields close to 9%, and cap rates around 6.5%, making it ideal for cost-conscious investors. With steady appreciation around 2%, rental demand remains strong with 85% renter occupancy. Investors focused on affordable housing options will find Chokio’s market responsive and sustainable for long-term growth.
7.2%
Avg. ROI
8.7%
Rental Yield
6.5%
Cap Rate
$150/mo
Avg. Cash Flow
$750/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Chokio typically include single-family homes and some smaller multi-unit buildings, suitable for investors targeting affordable rental units.
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