Under $300K Investment Properties for Sale in Hendrum, MN
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
-- 1 Bed
- - Bath
- 240 sft
Why Invest in Hendrum, Minnesota?
Investing in Hendrum, MN properties under $300k offers affordable entry into a stable rental market with solid cap rates around 7%. The average annual ROI is near 8%, driven by steady rental yields and an average cash flow of $500 per month. Hendrum's rental market features a renter occupancy rate of 60%, supported by local employment sectors such as agriculture and manufacturing. Appreciation rates of approximately 3% annually further enhance long-term investment prospects. This makes it an appealing location for real estate investors seeking balanced growth and income.
Frequently Asked Questions
In Hendrum, MN, properties under $300k primarily include single-family homes and small multi-family units ideal for rental purposes. These offer manageable entry points for investors focusing on stable cash flow.
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