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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Elgin, MN

$ 135,000
ROI
25.0
Cash Flow/m
198- 2 Bed
- 2 Bath
- 1984 sft
155 5th Ave NW, Elgin, MN, 55932

$ 377,000
ROI
21.2
Cash Flow/m
150- 4 Bed
- 2 Bath
- 2576 sft
35 Ashley Ln, Elgin, MN, 55932

Fix & Flip
$ 285,000
ROI
19.8
Cash Flow/m
6- 3 Bed
- 1 Bath
- 1216 sft
45 Rolling Hills Dr, Elgin, MN, 55932

$ 379,900
ROI
19.9
Cash Flow/m
17- 3 Bed
- 3 Bath
- 4008 sft
240 1st St SW, 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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