Under $200K Investment Properties for Sale in Garrison, MN


449- - Bed
- 1 Bath
- 578 sft


714- 2 Bed
- 1 Bath
- 888 sft


233- 3 Bed
- 2 Bath
- 1224 sft


79- 1 Bed
- 1 Bath
- 480 sft
Why Invest in Garrison, Minnesota?
Investing in Garrison, MN under $200k properties offers a unique opportunity for affordable entry into a stable real estate market. This city boasts an average ROI of 7.2%, with a strong rental yield of 8% and cap rates near 6.5%, making it attractive for income-focused investors. The avg cash flow of $350 per month and appreciating property values at 3% annually highlight steady growth potential. Renter occupancy remains high at 85%, driven by consistent demand in this tranquil lakeside community.
Frequently Asked Questions
Properties under $200k in Garrison typically include single-family homes and small multi-family units. These options are ideal for investors seeking affordable entry points with potential rental income.
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