Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Elk River, MN

Listed for sale 3 days ago
$ 275,000
ROI
24.6
Cash Flow/m
374- 2 Bed
- 2 Bath
- 1286 sft
18220 Kent St NW, Elk River, MN, 55330

Listed for sale 5 days ago
$ 284,900
ROI
25.4
Cash Flow/m
447- 3 Bed
- 2 Bath
- 1567 sft
17106 Olson Ct NW, Elk River, MN, 55330

Listed for sale 5 days ago
$ 298,000
ROI
32.7
Cash Flow/m
1071- 2 Bed
- 2 Bath
- 1526 sft
12919 188th Ave NW, Elk River, MN, 55330

$ 269,900
ROI
26.2
Cash Flow/m
481- 2 Bed
- 1 Bath
- 892 sft
414 Upland Ave NW, Elk River, MN, 55330
Why Invest in Elk River, Minnesota?
Investing in Elk River, MN properties under $300k offers a unique opportunity to tap into a growing suburban market with solid rental demand. The area shows an average ROI of 7%, rental yields near 6.5%, and appealing cash flow for investors targeting affordable housing. Cap rates remain steady around 5.5%, supported by a stable appreciation of 3% annually. Renter occupancy stands at 64%, reflecting consistent tenant interest in this price range.
7%
Avg. ROI
6.5%
Rental Yield
5.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Elk River is approximately 6.5%, providing a solid income stream for investors.
Find Your Perfect Investment Property in Elk River, Minnesota
Explore investment opportunities by strategy, performance, or property type
