Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Ellendale, MN
$ 329,900
ROI
24.8
Cash Flow/m
462- 3 Bed
- 2 Bath
- 1664 sft
707 Council Ct, Ellendale, MN, 56026
$ 245,000
ROI
20.4Cash Flow/m
44- 3 Bed
- 1 Bath
- 1392 sft
104 6th Ave E, Ellendale, MN, 56026
$ 172,500
ROI
48.5Cash Flow/m
1378- 3 Bed
- 2 Bath
- 2336 sft
304 3rd St N, Ellendale, MN, 56026
$ 240,000
ROI
29.1Cash Flow/m
622- 3 Bed
- 2 Bath
- 1120 sft
10771 SW 62nd Ave, Ellendale, MN, 56026
Why Invest in Ellendale, Minnesota?
Investing in Ellendale, MN properties under $500k presents a unique opportunity to tap into a growing local market. This affordable segment attracts both first-time investors and those seeking steady rental income. The region boasts an average ROI of 7%, rental yields near 8%, and cap rates around 6%, highlighting potential for solid cash flow and appreciation. With an average rent of $950 and renter occupancy at 65%, the market balances demand and opportunity well.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k typically include single-family homes, townhouses, and small multifamily units. This price range is attractive for investors focusing on middle-market rental opportunities.
Find Your Perfect Investment Property in Ellendale, Minnesota
Explore investment opportunities by strategy, performance, or property type
