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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Clarissa, MN
Listed for sale 7 days ago
$ 169,900
ROI
26.9
Cash Flow/m
339- - Bed
- 1 Bath
- 1507 sft
35379 215th Ave, Clarissa, MN, 56440
$ 243,500
ROI
32.3Cash Flow/m
847- 4 Bed
- 2 Bath
- 1876 sft
707 Summit Ave W, Clarissa, MN, 56440
$ 129,000
ROI
24.7Cash Flow/m
178- 2 Bed
- 1 Bath
- 1010 sft
102 Robert St S, Clarissa, MN, 56440
$ 129,900
ROI
26.0Cash Flow/m
226- 2 Bed
- 1 Bath
- 1320 sft
307 Leslie Ave W, Clarissa, MN, 56440
Why Invest in Clarissa, Minnesota?
Investing in Clarissa, MN properties under $500k offers a unique opportunity to access affordable real estate with promising growth potential. The local market features a rental yield around 7%, an average ROI of 8.5%, and steady appreciation rates near 3% annually. Cap rates remain attractive at approximately 6%, supporting solid cash flow for investors. With a renter-occupied rate of 45%, demand for rental properties continues to rise, making it a compelling market for long-term investment.
8.5%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Clarissa typically yield an average ROI of around 8.5%, with steady appreciation and favorable rental yields supporting good investment returns.
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