Under $500K Investment Properties for Sale in Foley, MN
800- 3 Bed
- 2 Bath
- 1872 sft
121- 4 Bed
- 4 Bath
- 2911 sft
679- 3 Bed
- 2 Bath
- 2146 sft
508- 2 Bed
- 3 Bath
- 2748 sft
Why Invest in Foley, Minnesota?
Investing in Foley, MN under $500K offers potential for solid returns driven by affordable property prices and a stable rental market. The area boasts an average ROI of 7.5%, a cap rate of 6.2%, and rental yields around 8%. With average rents at about $1,200, investors can expect good cash flow due to rising tenant demand in this regional city. Steady property appreciation around 3% annually complements these metrics, making Foley a promising location for residential investments.
Frequently Asked Questions
Under $500K in Foley, you can find single-family homes, townhouses, and small multifamily properties. These options are popular among investors seeking steady rental income with lower entry costs.
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