High Rental Yield Investment Properties for Sale in Elbow Lake, MN
$ 375,000
ROI
26.0
Cash Flow/m
649- 6 Bed
- 3 Bath
- 2700 sft
1110 2nd St NE, Elbow Lake, MN, 56531
$ 100,000
ROI
25.3Cash Flow/m
154- 2 Bed
- 2 Bath
- 1560 sft
234 1st Ave NW, Elbow Lake, MN, 56531
$ 129,900
ROI
25.2Cash Flow/m
196- 3 Bed
- 2 Bath
- 2072 sft
815 1st St SE, Elbow Lake, MN, 56531
$ 219,900
ROI
32.8Cash Flow/m
799- 4 Bed
- 3 Bath
- 2808 sft
115 7th Ave SE, Elbow Lake, MN, 56531
Why Invest in Elbow Lake, Minnesota?
Investing in high rental yield properties in Elbow Lake, MN offers strong opportunities for stable cash flow and attractive cap rates. The local market features an average ROI of 7.8% and a rental yield near 9%, making it ideal for income-focused investors. Appreciation rates remain steady at around 3%, complemented by average rent levels that align with regional economic trends. With a renter-occupied rate exceeding 60%, demand for rental housing is robust, supported by the area's employment base and demographic stability.
7.8%
Avg. ROI
9%
Rental Yield
7.5%
Cap Rate
$600/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Elbow Lake is approximately 9%, making it an attractive market for rental income investors.
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