Under $200K Investment Properties for Sale in Erskine, MN
427- 3 Bed
- 2 Bath
- 1176 sft
535- 3 Bed
- 2 Bath
- 1000 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
- 1 Bed
- 1 Bath
- 568 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
156- 2 Bed
- 1 Bath
- 880 sft
306- 1 Bed
- 1 Bath
- 224 sft
129- 1 Bed
- - Bath
- 1440 sft
174- 2 Bed
- 1 Bath
- - sft
- - Bed
- 1 Bath
- 435 sft
170- 4 Bed
- 2 Bath
- 1615 sft
134- 3 Bed
- 2 Bath
- 1148 sft
159- 2 Bed
- 1 Bath
- 1056 sft
Why Invest in Erskine, Minnesota?
Investing in Erskine, MN properties under $200k offers a unique opportunity to tap into a market with solid rental yields and steady appreciation. This affordable price segment attracts local renters, driving a rental yield of around 8% with an average cap rate near 7%. Investors can expect an average cash flow of $250 monthly and benefits from a modest 2% annual appreciation. With a renter occupancy rate of about 55%, Erskine presents a balanced environment for stable returns in a smaller city setting.
Frequently Asked Questions
Properties under $200k in Erskine typically include single-family homes and small multi-family units. These are well-suited for investors targeting affordable entry points with stable rental demand.
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