Under $200K Investment Properties for Sale in Goodridge, MN
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 Goodridge, Minnesota?
Investing in Goodridge, MN under 200k offers a unique opportunity to capitalize on affordable property prices with an attractive average ROI of 7%. This location features a solid rental yield of 8% and a cap rate of 6%, supported by steady appreciation around 2.5%. Rental demand remains strong with renter-occupied units at 55%, providing consistent average cash flow of $450 monthly. Goodridge benefits from localized economic stability and growing labor markets, making it a reliable choice for real estate investors focused on affordable entry points.
Frequently Asked Questions
The market primarily consists of single-family homes and small multi-family units within this price range, suitable for entry-level investors and rental landlords.
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