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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Evansville, MN

$ 124,900
ROI
25.8
Cash Flow/m
208- 4 Bed
- 2 Bath
- 2721 sft
521 State St, Evansville, MN, 56326

$ 159,900
ROI
26.1
Cash Flow/m
284- 4 Bed
- 4 Bath
- 2688 sft
433 Main St, Evansville, MN, 56326

$ 263,000
ROI
27.9
Cash Flow/m
593- 3 Bed
- 2 Bath
- 1990 sft
24091 Sunny Side Dr NW, Evansville, MN, 56326

$ 385,000
ROI
23.8
Cash Flow/m
429- 3 Bed
- 3 Bath
- 2912 sft
16026 Svend Ln NW, Evansville, MN, 56326
Why Invest in Evansville, Minnesota?
Investing in Evansville, MN properties under $500k offers promising opportunities for real estate investors seeking affordable entry points. The area benefits from a solid rental yield and stable cap rates, supporting consistent cash flow. As a smaller community in Minnesota, the appreciation potential is moderate but steady, driven by local economic stability and demographic trends. Renter-occupied rates indicate a reliable tenant base, making Evansville a practical choice for rental investments in the region.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Evansville is approximately 6%, making it an attractive market for rental income investors.
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