Under $500K Investment Properties for Sale in Kellogg, MN
232- 2 Bed
- 1 Bath
- 1245 sft
603- 2 Bed
- 1 Bath
- 1272 sft
649- 4 Bed
- 1 Bath
- 1104 sft
230- 3 Bed
- 2 Bath
- 1456 sft
Why Invest in Kellogg, Minnesota?
Investing in real estate under $500k in Kellogg, MN offers a unique opportunity to tap into a growing local market. The area benefits from a solid rental yield of 7.4% and an average ROI of 5.2%, making it attractive for investors seeking steady cash flow. With a cap rate of 6.1% and average cash flow around $320 monthly, properties here show promising returns. The renter-occupied rate is high at 56%, reflecting steady demand for rental units. Appreciation is modest but stable at 2.5%, supporting long-term value growth.
Frequently Asked Questions
In Kellogg, MN, under $500k you can find a mix of single-family homes and smaller multifamily properties suitable for rental investments. These properties typically offer good cash flow potential with moderate appreciation.
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