Under $300K Investment Properties for Sale in Hendrum, MN
864- 4 Bed
- 2 Bath
- 1960 sft
277- 3 Bed
- 2 Bath
- 1012 sft
332- 2 Bed
- 1 Bath
- 1148 sft
128- 4 Bed
- 1 Bath
- 1206 sft
- 2 Bed
- 1 Bath
- 905 sft
149- - Bed
- - Bath
- - sft
-- - Bed
- - Bath
- 3264 sft
- 1 Bed
- 1 Bath
- 680 sft
173- 2 Bed
- 2 Bath
- 832 sft
- 1 Bed
- 1 Bath
- 637 sft
178- 1 Bed
- 1 Bath
- 952 sft
139- 2 Bed
- 1 Bath
- 792 sft
- 2 Bed
- 2 Bath
- 1121 sft
154- 1 Bed
- 1 Bath
- 672 sft
142- 3 Bed
- 2 Bath
- 1239 sft
154- 2 Bed
- 2 Bath
- 1560 sft
161- 2 Bed
- 1 Bath
- 1524 sft
129- 3 Bed
- 1 Bath
- 3383 sft
146- 3 Bed
- 2 Bath
- 2017 sft
133- 3 Bed
- 1 Bath
- 1350 sft
154- 2 Bed
- 1 Bath
- 1024 sft
- 1 Bed
- 1 Bath
- 707 sft
174- 3 Bed
- 1 Bath
- 1535 sft
-- 2 Bed
- 1 Bath
- 672 sft
132- 2 Bed
- 1 Bath
- 964 sft
- 1 Bed
- 1 Bath
- 735 sft
174- 3 Bed
- 1 Bath
- 2502 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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