Under $300K Investment Properties for Sale in Harris, MN

Investing in Harris, MN, especially in properties under $300k, offers a unique opportunity to tap into a stable rental market with an average rental yield of 7.5%. The area boasts a cap rate of 6%, and investors can expect an average ROI of 8% supported by steady appreciation rates of around 3%. Harris has a significant percentage of renter-occupied units, at 55%, which ensures demand for rental properties. The average monthly rent is $1,100, generating an average cash flow of $250 per property, making it an attractive choice for real estate investors seeking affordable entry points.