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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Clear Lake, MN
Listed for sale 4 days ago
$ 348,900
ROI
24.8
Cash Flow/m
488- 3 Bed
- 3 Bath
- 1971 sft
8390 Cherry St, Clear Lake, MN, 55319
$ 289,900
ROI
21.8Cash Flow/m
166- 2 Bed
- 1 Bath
- 952 sft
8365 Cherry St, Clear Lake, MN, 55319
$ 289,900
ROI
21.8Cash Flow/m
166- 2 Bed
- 1 Bath
- 952 sft
8367 Cherry St, Clear Lake, MN, 55319
$ 389,900
ROI
21.6Cash Flow/m
200- 3 Bed
- 2 Bath
- 1368 sft
8237 Natures Edge Rd, Clear Lake, MN, 55319
Why Invest in Clear Lake, Minnesota?
Investing in Clear Lake, MN under $500k offers affordable access to a stable housing market with solid mid-range property values. The area boasts an average ROI of 7%, rental yields around 9%, and cap rates near 7.5%, supporting steady cash flow opportunities. Appreciation trends are positive with a 3.5% annual increase, and renter occupancy remains strong at 67%. This makes Clear Lake ideal for investors aiming at medium-priced residential assets backed by strong local demand.
7%
Avg. ROI
9%
Rental Yield
7.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Clear Lake typically include single-family homes, small multifamily units, and condos that cater well to renters and first-time investors.
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