Investment Properties for Sale in Elgin, MN
$ 279,900
ROI
30.2
Cash Flow/m
813- 3 Bed
- 2 Bath
- 1858 sft
45 4th Ave SW, Elgin, MN, 55932
$ 230,900
ROI
27.2Cash Flow/m
476- 3 Bed
- 2 Bath
- 1202 sft
65 1st St SE, Elgin, MN, 55932
$ 329,000
ROI
20.8Cash Flow/m
94- 4 Bed
- 2 Bath
- 1840 sft
145 4th Ave NW, Elgin, MN, 55932
$ 394,900
ROI
21.5Cash Flow/m
192- 3 Bed
- 3 Bath
- 3444 sft
28937 505th St, Elgin, MN, 55932
Why Invest in Elgin, Minnesota?
Investing in Elgin, MN offers a unique opportunity for real estate investors seeking stable midwestern markets. With solid rental yields averaging 7%, and a cap rate around 6%, properties here generate steady cash flow with average monthly rent near $900. Appreciation rates hover near 3% annually, reflecting moderate but consistent growth. The renter-occupied rate is 45%, indicating a substantial tenant base supported by local economic factors.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Elgin is around 7%, providing solid returns for investors compared to national averages.
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