High Rental Yield 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 high rental yield properties in Garfield, MN offers a promising opportunity for consistent cash flow and strong returns. The area boasts an average ROI of 7%, supported by a rental yield of approximately 8%, making it attractive for rental property investors. Cap rates are competitive at 6.5%, reflecting healthy demand for rental housing. With average monthly rents around $900 and steady appreciation near 3%, Garfield remains an appealing market for investors seeking stability and growth. Renter-occupied housing accounts for over 55%, indicating solid tenant demand in this market segment.
Frequently Asked Questions
The average rental yield in Garfield is around 8%, making it a strong market for rental property investors seeking steady returns.
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