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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Ellendale, MN
Currently Rented
Listed for sale 1 day ago
$ 350,000
ROI
25.2
Cash Flow/m
531- 3 Bed
- 2 Bath
- 3712 sft
10097 SW 72nd Ave, Ellendale, MN, 56026
$ 315,000
ROI
29.0Cash Flow/m
812- 4 Bed
- 2 Bath
- 2916 sft
602 6th St S, Ellendale, MN, 56026
$ 297,000
ROI
31.3Cash Flow/m
951- 4 Bed
- 2 Bath
- 2706 sft
703 3rd St S, Ellendale, MN, 56026
$ 329,900
ROI
24.8Cash Flow/m
462- 3 Bed
- 2 Bath
- 1664 sft
707 Council Ct, 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.
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