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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Heron Lake, MN

$ 249,000
ROI
22.0
Cash Flow/m
156- 3 Bed
- 2 Bath
- 3415 sft
211 13th St, Heron Lake, MN, 56137

Fix & Flip
$ 145,500
ROI
25.2
Cash Flow/m
221- 4 Bed
- 2 Bath
- 1536 sft
1022 6th Ave, Heron Lake, MN, 56137

$ 210,000
ROI
28.5
Cash Flow/m
513- 4 Bed
- 3 Bath
- 1318 sft
38687 County Road 5, Heron Lake, MN, 56137

$ 215,000
ROI
31.4
Cash Flow/m
694- 4 Bed
- 2 Bath
- 2504 sft
802 3rd Ave, Heron Lake, MN, 56137
Why Invest in Heron Lake, Minnesota?
Investing in Heron Lake, MN offers strong potential for high rental yield properties. The current rental market shows promising cap rates averaging around 7%, with consistent appreciation near 3% annually. Investors can expect average cash flow of approximately $350 per unit per month, supported by a rental yield of 8%. Local economic growth contributes to steady renter occupancy rates near 92%. This makes Heron Lake an attractive choice for investors seeking reliable income streams from residential real estate.
9.5%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Heron Lake is approximately 8%, making it a strong market for investors seeking high cash flow.
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