Under $300K Investment Properties for Sale in Cleveland, MN
$ 187,700
ROI
32.7
Cash Flow/m
674- 2 Bed
- 2 Bath
- 1728 sft
105 6th St, Cleveland, MN, 56017
$ 299,900
ROI
30.1Cash Flow/m
863- 3 Bed
- 2 Bath
- 2170 sft
504 2nd St, Cleveland, MN, 56017
$ 174,900
ROI
24.7Cash Flow/m
242- 3 Bed
- 2 Bath
- 2704 sft
26600 State Highway 99, Cleveland, MN, 56017
Fix & Flip
$ 249,900
ROI
21.6Cash Flow/m
125- 3 Bed
- 2 Bath
- 1390 sft
813 Broadway St, Cleveland, MN, 56017
Why Invest in Cleveland, Minnesota?
Investing in Cleveland, MN under $300k offers a prime opportunity in a stable small-town market with healthy rental yields around 7%. This price segment attracts investors seeking steady cash flow with average ROI near 8%, supported by a growing renter occupancy rate of 45%. The area's cap rate at about 5.6% and steady appreciation of 2.1% make it an appealing choice for conservative investors. Local demand for affordable rentals and modest median rents averaging $850 underpin investment resilience.
8%
Avg. ROI
7%
Rental Yield
5.6%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Cleveland, MN is approximately 7%, which offers a good cash flow potential for investors.
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