Under $200K Investment Properties for Sale in Foley, MN
800- 3 Bed
- 2 Bath
- 1872 sft
652- 4 Bed
- 2 Bath
- 2646 sft
460- 3 Bed
- 1 Bath
- 1338 sft
117- 2 Bed
- 1 Bath
- 622 sft
Why Invest in Foley, Minnesota?
Investing in Foley, MN offers promising opportunities especially for properties under $200k, appealing to budget-conscious investors. The area boasts an average ROI of 7%, rental yields near 8%, and cap rates around 6%, making it attractive for steady cash flow. Average rents hover around $950, with average monthly cash flow approximately $250. Foley's appreciation has been moderate at 3% annually, supported by a solid renter-occupied rate of 45%. This combination presents a balanced investment profile with solid growth potential.
Frequently Asked Questions
Investing in Foley properties under $200k offers affordable entry with solid average ROI around 7%, good rental yields, and steady appreciation. The market supports stable cash flow and has a low vacancy rate.
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