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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Herman, MN
$ 170,000
ROI
29.6
Cash Flow/m
464- 3 Bed
- 1 Bath
- 1440 sft
502 5th St E, Herman, MN, 56248
$ 109,000
ROI
25.0Cash Flow/m
157- 3 Bed
- 1 Bath
- 1348 sft
604 Atlantic Ave N, Herman, MN, 56248
$ 102,500
ROI
25.0Cash Flow/m
151- 4 Bed
- 2 Bath
- 2954 sft
205 3rd St E, Herman, MN, 56248
$ 126,500
ROI
37.0Cash Flow/m
606- 2 Bed
- 2 Bath
- 1680 sft
105 7th St E, Herman, MN, 56248
Why Invest in Herman, Minnesota?
Investing in Herman, MN under $200k offers a unique opportunity to enter a stable yet affordable market. The local rental yield stands at a solid 7%, supported by a steady renter-occupied rate of 60%. Average cash flow is attractive for budget-conscious investors seeking properties with a cap rate near 6.5%. Appreciation remains moderate but consistent, making Herman a viable market for sustainable growth.
8.5%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$500/mo
Avg. Cash Flow
$800/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Herman typically include single-family homes and smaller multi-family units. These are ideal for investors looking for affordable entry points with steady rental demand.
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