Under $500K Investment Properties for Sale in Clear Lake, MN

Listed for sale 1 day ago
$ 399,500
ROI
22.9
Cash Flow/m
351- 4 Bed
- 2 Bath
- 3054 sft
7694 89th Ave SE, Clear Lake, MN, 55319

Listed for sale 2 days ago
$ 274,900
ROI
31.8
Cash Flow/m
923- 2 Bed
- 1 Bath
- 960 sft
Becker Plan, Parkside, Clear Lake, MN, 55319

Listed for sale 6 days ago
$ 299,900
ROI
22.7
Cash Flow/m
246- 3 Bed
- 4 Bath
- 2350 sft
10172 48th St SE, Clear Lake, MN, 55319

$ 350,900
ROI
24.4
Cash Flow/m
449- 2 Bed
- 2 Bath
- 1473 sft
8472 Walnut St, 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.
Find Your Perfect Investment Property in Clear Lake, Minnesota
Explore investment opportunities by strategy, performance, or property type
