Under $500K Investment Properties for Sale in Hugo, MN
Listed for sale 1 day ago
$ 289,900
ROI
28.7
Cash Flow/m
720- 3 Bed
- 2 Bath
- 1575 sft
5132 Farnham Dr N, Hugo, MN, 55038
$ 485,000
ROI
22.3Cash Flow/m
345- 3 Bed
- 2 Bath
- 1935 sft
5603 135th St N, Hugo, MN, 55038
$ 369,500
ROI
26.3Cash Flow/m
675- 3 Bed
- 4 Bath
- 2352 sft
14633 Victor Hugo Blvd N Unit 4, Hugo, MN, 55038
$ 350,000
ROI
26.1Cash Flow/m
621- 3 Bed
- 4 Bath
- 2352 sft
14623 Victor Hugo Blvd N Unit 1, Hugo, MN, 55038
Why Invest in Hugo, Minnesota?
Investing in Hugo, MN, with properties under $500k offers strong opportunities for steady returns. This growing city boasts an average rental yield of 7.2%, a cap rate of 6.5%, and an average cash flow of $350 monthly. Appreciation rates average 3.8% annually, making it a promising market for rental property investors. Approximately 65% of housing in Hugo is renter-occupied, indicating healthy rental demand.
8.5%
Avg. ROI
7.2%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$1350/mo
Avg. Rent
3.8%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Hugo is approximately 7.2%, indicating solid income potential for investors.
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