Under $200K Investment Properties for Sale in Ellendale, MN


265- 3 Bed
- 2 Bath
- 1156 sft


177- 3 Bed
- 2 Bath
- 14 sft


154- 3 Bed
- 1 Bath
- 1136 sft


548- 2 Bed
- 1 Bath
- 792 sft
Why Invest in Ellendale, Minnesota?
Investing in Ellendale, MN properties under $200k offers a unique opportunity to enter a stable market with promising returns. The local average ROI is around 7%, supported by a rental yield of 6.2% and a cap rate of 5.8%. Average cash flow remains positive, driven by affordable rental prices averaging $850/month. Appreciation rates have been steady at about 2.5% annually, while renter occupancy rates are strong near 70%. This market appeals to investors seeking affordable entry with balanced risk and growth potential.
Frequently Asked Questions
Investing under $200k in Ellendale offers access to affordable properties with steady rental yields and positive cash flow. The market is stable with moderate appreciation, making it suitable for budget-conscious investors.
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