Under $500K Investment Properties for Sale in Hammond, MN
289- 3 Bed
- 2 Bath
- 1836 sft
121- 6 Bed
- 4 Bath
- 4000 sft
167- - Bed
- - Bath
- 640 sft
419- 4 Bed
- 3 Bath
- 2760 sft
- 2 Bed
- 2 Bath
- 1010 sft
- 1 Bed
- 1 Bath
- 624 sft
172- 3 Bed
- 2 Bath
- 1216 sft
- 1 Bed
- 1 Bath
- 700 sft
169- 3 Bed
- 3 Bath
- 1796 sft
160- 3 Bed
- 2 Bath
- 1244 sft
139- 3 Bed
- 2 Bath
- 1552 sft
129- 3 Bed
- 2 Bath
- 1296 sft
306- 1 Bed
- 1 Bath
- 224 sft
163- 1 Bed
- - Bath
- 1440 sft
126- 2 Bed
- 1 Bath
- 864 sft
174- 2 Bed
- 1 Bath
- - sft
10- 1 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
155- 3 Bed
- 2 Bath
- 1456 sft
139- 3 Bed
- 3 Bath
- 2988 sft
159- 1 Bed
- 1 Bath
- 715 sft
128- 3 Bed
- 2 Bath
- 1802 sft
168- 4 Bed
- 2 Bath
- 1120 sft
144- 3 Bed
- 1 Bath
- 2136 sft
Why Invest in Hammond, Minnesota?
Investing in Hammond, MN properties priced under $500k offers a strategic opportunity to capitalize on stable rental yields and increasing appreciation rates in a growing Midwestern city. Hammond’s average ROI is competitive with regional markets, supported by an average rental yield of 7.2% and a cap rate around 6.5%. This price segment attracts steady renter occupancy, making it ideal for investors seeking reliable cash flow and long-term growth prospects in affordable real estate assets.
Frequently Asked Questions
Most properties under $500k in Hammond include single-family homes, small multifamily units, and starter condos, suitable for both first-time investors and those targeting steady rental income.
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