Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Crosslake, MN
Currently Rented
Listed for sale 5 days ago
$ 151,000
ROI
25.3
Cash Flow/m
231- 3 Bed
- 2 Bath
- 1553 sft
37471 Deer Ridge Dr, Crosslake, MN, 56442
$ 160,000
ROI
21.6Cash Flow/m
82- 2 Bed
- 1 Bath
- 468 sft
15827 Wilderness Trail #106, Crosslake, MN, 56442
$ 250,000
ROI
22.8Cash Flow/m
208- 3 Bed
- 2 Bath
- 1175 sft
13302 Kimberly Rd, Crosslake, MN, 56442
$ 395,000
ROI
24.8Cash Flow/m
554- 3 Bed
- 2 Bath
- 1456 sft
37162 Blacksmith Pl, 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.
Find Your Perfect Investment Property in Crosslake, Minnesota
Explore investment opportunities by strategy, performance, or property type
