Under $200K Investment Properties for Sale in Kelly Lake, MN
264- 3 Bed
- 2 Bath
- 1400 sft
263- 3 Bed
- 1 Bath
- 1380 sft
202- 2 Bed
- 1 Bath
- 1656 sft
128- 4 Bed
- 1 Bath
- 1206 sft
- 2 Bed
- 1 Bath
- 905 sft
149- - Bed
- - Bath
- - sft
-- - Bed
- - Bath
- 3264 sft
- 1 Bed
- 1 Bath
- 680 sft
173- 2 Bed
- 2 Bath
- 832 sft
- 1 Bed
- 1 Bath
- 637 sft
178- 1 Bed
- 1 Bath
- 952 sft
139- 2 Bed
- 1 Bath
- 792 sft
- 2 Bed
- 2 Bath
- 1121 sft
154- 1 Bed
- 1 Bath
- 672 sft
142- 3 Bed
- 2 Bath
- 1239 sft
154- 2 Bed
- 2 Bath
- 1560 sft
161- 2 Bed
- 1 Bath
- 1524 sft
129- 3 Bed
- 1 Bath
- 3383 sft
146- 3 Bed
- 2 Bath
- 2017 sft
133- 3 Bed
- 1 Bath
- 1350 sft
154- 2 Bed
- 1 Bath
- 1024 sft
- 1 Bed
- 1 Bath
- 707 sft
174- 3 Bed
- 1 Bath
- 1535 sft
-- 2 Bed
- 1 Bath
- 672 sft
132- 2 Bed
- 1 Bath
- 964 sft
- 1 Bed
- 1 Bath
- 735 sft
174- 3 Bed
- 1 Bath
- 2502 sft
Why Invest in Kelly Lake, Minnesota?
Investing in Kelly Lake, MN properties under $200k offers an excellent opportunity for stable rental income and long-term appreciation. The local market shows an average ROI of 6.5% with rental yields around 7%. Capitalization rates remain favorable at approximately 6.8%, while average cash flow offers consistent positive returns for investors. Average rents are affordable, supporting high renter occupancy rates near 65%. These factors make Kelly Lake attractive for budget-conscious investors seeking steady growth.
Frequently Asked Questions
Properties under $200k in Kelly Lake provide affordable entry points with stable rental yields around 7%. Investors can expect moderate appreciation and consistent cash flow, making it a reliable market for budget-conscious investors.
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