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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
25.2
Cash Flow/m
243- 3 Bed
- 2 Bath
- 2484 sft
201 2nd St W, Chokio, MN, 56221

$ 210,000
ROI
26.9
Cash Flow/m
418- 3 Bed
- 2 Bath
- 2646 sft
204 1st St E, Chokio, MN, 56221

$ 214,900
ROI
28.5
Cash 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 500k offers a unique opportunity for steady rental income and moderate appreciation. This small town presents an attractive average rental yield of 7%, with cap rates around 6%. Investors can expect average ROI near 8%, supported by a growing renter population at 45%. The affordable real estate market combined with stable cash flows makes Chokio a promising investment choice under $500k.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Properties under 500k in Chokio offer solid rental yields around 7% and strong cap rates near 6%, making them attractive for steady cash flow and moderate appreciation.
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