Investment Properties for Sale in Elgin, MN | Ziffy.ai
Save Search
Filters Applied
Edit
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Investment Properties for Sale in Elgin, MN

Property at 28937 505th St, Elgin, MN
$ 394,900
ROI
21.5ROI percentage
Cash Flow/m
Dollar sign192
  • 3 Bed
  • 3 Bath
  • 3444 sft
28937 505th St, Elgin, MN, 55932
Property at 130 4th Ave NW, Elgin, MN
$ 345,000
ROI
27.5ROI percentage
Cash Flow/m
Dollar sign740
  • 5 Bed
  • 3 Bath
  • 2433 sft
130 4th Ave NW, Elgin, MN, 55932
Property at 145 1st St NW, Elgin, MN
$ 224,900
ROI
21.0ROI percentage
Cash Flow/m
Dollar sign76
  • 2 Bed
  • 1 Bath
  • 884 sft
145 1st St NW, Elgin, MN, 55932
Property at 155 5th Ave NW, Elgin, MN
$ 135,000
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign198
  • 2 Bed
  • 2 Bath
  • 1984 sft
155 5th Ave NW, 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.

Find Your Perfect Investment Property in Elgin, Minnesota

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Elgin, MN
Fix and Flip Properties in Elgin, MN
Short-Term Rental Properties in Elgin, MN
AI