Under $300K Investment Properties for Sale in Erhard, MN
194- 4 Bed
- 2 Bath
- 2288 sft
68- - Bed
- - Bath
- - sft
217- 4 Bed
- 1 Bath
- 1701 sft
372- 2 Bed
- 2 Bath
- 1357 sft
- 1 Bed
- 1 Bath
- 735 sft
- 1 Bed
- 1 Bath
- 668 sft
154- 3 Bed
- 1 Bath
- 2252 sft
143- 1 Bed
- 1 Bath
- 1016 sft
- 3 Bed
- 3 Bath
- 2316 sft
174- 2 Bed
- 1 Bath
- 796 sft
179- 3 Bed
- 1 Bath
- 815 sft
127- 3 Bed
- 2 Bath
- 2694 sft
174- 3 Bed
- 1 Bath
- 1684 sft
180- 2 Bed
- 2 Bath
- 1330 sft
- 1 Bed
- 1 Bath
- 650 sft
-- 3 Bed
- 2 Bath
- 1358 sft
151- 3 Bed
- 2 Bath
- 1456 sft
151- 3 Bed
- 1 Bath
- 680 sft
172- 3 Bed
- 3 Bath
- 1900 sft
-- 3 Bed
- 1 Bath
- 2157 sft
133- 3 Bed
- 2 Bath
- 1296 sft
167- - Bed
- - Bath
- 640 sft
419- 4 Bed
- 3 Bath
- 2760 sft
172- 3 Bed
- 2 Bath
- 1216 sft
- 1 Bed
- 1 Bath
- 700 sft
160- 3 Bed
- 2 Bath
- 1244 sft
129- 3 Bed
- 2 Bath
- 1296 sft
Why Invest in Erhard, Minnesota?
Investing in properties under $300k in Erhard, MN offers a strategic opportunity for real estate investors looking for affordable entry points. The local market boasts a solid average rental yield of 7.2% and a cap rate around 6.8%, ensuring competitive returns. Average cash flow remains positive, supported by moderate appreciation trends near 3.1% annually. The renter-occupied rate stands at a healthy 56%, highlighting a stable tenant base. These metrics align well with conservative investment strategies in small Minnesota cities.
Frequently Asked Questions
Properties under $300k in Erhard typically include single-family homes and small multi-family units. These are suitable for first-time investors or those interested in affordable rental properties.
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