Under $500K Investment Properties for Sale in Gonvick, MN
347- 2 Bed
- 1 Bath
- 792 sft
166- 3 Bed
- 1 Bath
- 1208 sft
200- 2 Bed
- 1 Bath
- 1120 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
- 1 Bed
- 1 Bath
- 568 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
156- 2 Bed
- 1 Bath
- 880 sft
306- 1 Bed
- 1 Bath
- 224 sft
129- 1 Bed
- - Bath
- 1440 sft
174- 2 Bed
- 1 Bath
- - sft
- - Bed
- 1 Bath
- 435 sft
170- 4 Bed
- 2 Bath
- 1615 sft
134- 3 Bed
- 2 Bath
- 1148 sft
159- 2 Bed
- 1 Bath
- 1056 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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