Single Family 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?
Investing in single-family homes in Kelly Lake, MN offers a promising opportunity given the steady appreciation of 3.2% and a solid average ROI of 7%. The rental yield sits around 6%, providing consistent cash flow for investors. With an average rent of $1,200 and cap rates near 5.5%, this market attracts long-term renters, 68% renter-occupied. Kelly Lake’s local economy supports growth, making single-family homes a strategic investment in this Minnesota locale.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Kelly Lake is approximately 6%, providing steady income for property investors.
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