Investment Properties for Sale in Kelly Lake, MN
$ 224,900
ROI
25.9
Cash Flow/m
386- 3 Bed
- 1 Bath
- 1788 sft
111 3rd Ave N, Kelly Lake, MN, 55746
$ 149,900
ROI
26.1Cash Flow/m
264- 3 Bed
- 2 Bath
- 1400 sft
400 2nd Ave N, Kelly Lake, MN, 55746
$ 150,000
ROI
26.1Cash Flow/m
263- 3 Bed
- 1 Bath
- 1380 sft
401 Center Ave, Kelly Lake, MN, 55746
$ 159,900
ROI
24.3Cash Flow/m
202- 2 Bed
- 1 Bath
- 1656 sft
404 2nd Ave N, Kelly Lake, MN, 55746
Why Invest in Kelly Lake, Minnesota?
Kelly Lake, MN offers a unique investment opportunity in Minnesota's growing real estate market. Featuring an average ROI of 6.5% and a solid rental yield of 7%, this area appeals to investors seeking stable cash flow. The current cap rate sits around 5.8%, reflecting healthy market fundamentals. Appreciation rates over the past five years have averaged 3%, indicating moderate growth potential. With average rents at $1,200 and high renter occupancy near 86%, properties in Kelly Lake remain in demand.
6.5%
Avg. ROI
7%
Rental Yield
5.8%
Cap Rate
$750/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Kelly Lake is approximately 7%, making it an attractive market for rental property investors.
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