High Rental Yield Investment Properties for Sale in Kelly Lake, MN
386- 3 Bed
- 1 Bath
- 1788 sft
264- 3 Bed
- 2 Bath
- 1400 sft
263- 3 Bed
- 1 Bath
- 1380 sft
202- 2 Bed
- 1 Bath
- 1656 sft
Why Invest in Kelly Lake, Minnesota?
Investing in high rental yield properties in Kelly Lake, MN offers a strong opportunity for steady cash flow within Minnesota's real estate market. This area features an average rental yield of 7.2%, complemented by a cap rate around 6.5%, making it appealing for rental income-focused investors. With an average ROI of 8%, investors benefit from consistent appreciation and healthy average rents near $1,200 per month. The renter-occupied rate at 62% reinforces strong demand in the local rental market. These metrics indicate a balanced investment climate suitable for long-term portfolio growth.
Frequently Asked Questions
Kelly Lake offers a strong combination of moderate rental growth, stable cap rates, and solid job market support, making it ideal for investors seeking steady income and appreciation potential.
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