High Rental Yield Investment Properties for Sale in Elk River, MN
Listed for sale 5 days ago
$ 468,290
ROI
21.6
Cash Flow/m
245- 4 Bed
- 3 Bath
- 2622 sft
10039 185th Ave NW, Elk River, MN, 55330
Listed for sale 5 days ago
$ 359,900
ROI
28.1Cash Flow/m
834- 3 Bed
- 2 Bath
- 2307 sft
18011 Johnson St NW, Elk River, MN, 55330
Listed for sale 7 days ago
$ 469,190
ROI
21.6Cash Flow/m
239- 4 Bed
- 3 Bath
- 2342 sft
10031 185th Ave NW, Elk River, MN, 55330
Listed for sale 7 days ago
$ 350,000
ROI
29.1Cash Flow/m
911- 4 Bed
- 2 Bath
- 2099 sft
19806 Rush St NW, Elk River, MN, 55330
Why Invest in Elk River, Minnesota?
Investing in high rental yield properties in Elk River, MN offers a strong opportunity for income-focused investors. The local market boasts an average rental yield of 8.2%, supported by steady appreciation and a cap rate around 6%. Average cash flow remains positive due to competitive average rents near $1,200/month and a renter-occupied rate of 45%. Economic indicators and favorable housing dynamics make Elk River an attractive market for rental property investments.
7.5%
Avg. ROI
8.2%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Elk River, MN is approximately 8.2%, making it attractive for investors focusing on rental income.
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