Under $200K Investment Properties for Sale in Gonvick, MN
164- 3 Bed
- 2 Bath
- 1932 sft
166- 3 Bed
- 1 Bath
- 1208 sft
200- 2 Bed
- 1 Bath
- 1120 sft
372- 2 Bed
- 2 Bath
- 1357 sft
- 1 Bed
- 1 Bath
- 735 sft
- 1 Bed
- 1 Bath
- 668 sft
154- 3 Bed
- 1 Bath
- 2252 sft
143- 1 Bed
- 1 Bath
- 1016 sft
- 3 Bed
- 3 Bath
- 2316 sft
174- 2 Bed
- 1 Bath
- 796 sft
179- 3 Bed
- 1 Bath
- 815 sft
127- 3 Bed
- 2 Bath
- 2694 sft
174- 3 Bed
- 1 Bath
- 1684 sft
180- 2 Bed
- 2 Bath
- 1330 sft
- 1 Bed
- 1 Bath
- 650 sft
-- 3 Bed
- 2 Bath
- 1358 sft
151- 3 Bed
- 2 Bath
- 1456 sft
151- 3 Bed
- 1 Bath
- 680 sft
172- 3 Bed
- 3 Bath
- 1900 sft
-- 3 Bed
- 1 Bath
- 2157 sft
133- 3 Bed
- 2 Bath
- 1296 sft
167- - Bed
- - Bath
- 640 sft
419- 4 Bed
- 3 Bath
- 2760 sft
172- 3 Bed
- 2 Bath
- 1216 sft
- 1 Bed
- 1 Bath
- 700 sft
160- 3 Bed
- 2 Bath
- 1244 sft
129- 3 Bed
- 2 Bath
- 1296 sft
Why Invest in Gonvick, Minnesota?
Investing in Gonvick, MN properties priced under $200k offers a unique opportunity for affordable real estate with promising returns. This market shows an average ROI of 7.5%, supported by steady rental yields around 8%. Cap rates for these affordable properties remain strong at approximately 6%. Investors can expect average monthly cash flow near $150. The median rent is around $750, making it attractive for renter-occupied investments. Home appreciation is moderate at 2.5% annually, reflecting the area's stable growth.
Frequently Asked Questions
Properties under $200k in Gonvick mostly include single-family homes and small multifamily units, suitable for rental investment or first-time buyers.
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