Under $500K 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 properties under $500k in Gonvick, MN offers a great entry point for real estate investors seeking stable returns in a small-town market. The area features an average ROI of 7.2% with rental yields around 8%, making it attractive for cash flow opportunities. Cap rates remain competitive at 6.5%, supported by steady appreciation near 2.3% per year. Renters occupy approximately 65% of homes, indicating moderate demand and opportunity for new rental properties. Average rents hover around $900 per month, with cash flow averaging $180 monthly, making Gonvick a viable market for rental investments.
Frequently Asked Questions
Yes, properties under $500k in Gonvick offer attractive rental yields around 8% and steady appreciation, making them favorable for investors focusing on cash flow and long-term growth.
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