Under $500K Investment Properties for Sale in Crosslake, MN
Listed for sale 1 day ago
$ 424,900
ROI
20.5
Cash Flow/m
83- 3 Bed
- 2 Bath
- 2088 sft
33726 Vista Dr, Crosslake, MN, 56442
$ 299,000
ROI
20.6Cash Flow/m
69- 1 Bed
- 1 Bath
- 1104 sft
34491 Park Dr, Crosslake, MN, 56442
$ 399,900
ROI
24.8Cash Flow/m
563- 3 Bed
- 3 Bath
- 1600 sft
33897 Dancing Bear Dr, Crosslake, MN, 56442
$ 365,000
ROI
25.0Cash Flow/m
529- - Bed
- - Bath
- 1 sft
38738 Windsor Ave, Crosslake, MN, 56442
Why Invest in Crosslake, Minnesota?
Investing in Crosslake, MN properties under $500k offers access to a growing market with strong rental yields and stable cap rates. The lakefront city attracts retirees and vacationers, contributing to an average ROI of around 7% and rental yield near 6%. Appreciation remains steady at 3% annually, supported by a high renter-occupied rate of 55%. Average cash flow is moderate, reflecting the area's balance of affordability and demand.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$600/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Crosslake typically include single-family homes, lake cabins, and small condos. These are well-suited for investors targeting vacation rentals or modest long-term rentals.
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