Investment Properties for Sale in Garfield, MN
202- 4 Bed
- 3 Bath
- 2016 sft
234- 1 Bed
- 2 Bath
- 1236 sft
213- 3 Bed
- 1 Bath
- 2288 sft
251- 4 Bed
- 3 Bath
- 2704 sft
Why Invest in Garfield, Minnesota?
Investing in Garfield, MN offers unique opportunities for real estate investors seeking steady returns. This city in Minnesota features an average ROI of 7%, rental yield close to 6%, and a healthy cap rate around 5%. The average monthly rent stays competitive near $950, supporting positive cash flow for rental properties. Appreciation rates have been stable at approximately 2% annually, reflecting steady property value growth. With about 65% renter occupancy, Garfield balances demand for rental units with affordable pricing, ideal for investors seeking moderate growth and consistent rental income.
Frequently Asked Questions
The average rental yield in Garfield is approximately 6%, providing investors with steady rental income relative to property prices.
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