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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Kelly Lake, MN

$ 224,900
ROI
25.7
Cash Flow/m
373- 3 Bed
- 1 Bath
- 1788 sft
111 3rd Ave N, Kelly Lake, MN, 55746

$ 150,000
ROI
26.1
Cash Flow/m
263- 3 Bed
- 1 Bath
- 1380 sft
401 Center Ave, Kelly Lake, MN, 55746

$ 159,900
ROI
24.3
Cash Flow/m
202- 2 Bed
- 1 Bath
- 1656 sft
404 2nd Ave N, Kelly Lake, MN, 55746
or
Here are some other similar properties you might be interested in:
Listed for sale 5 days ago
$ 100,000
ROI
25.5
Cash Flow/m
161- 2 Bed
- 1 Bath
- 1524 sft
1510 Mabelle Ave, Fergus Falls, MN, 56537

$ 100,000
ROI
12.2
Gross Rent Yield
9.2
- 1 Bed
- 1 Bath
- 600 sft
2732 Grand Ave S APT 1, Minneapolis, MN, 55408

Fix & Flip
$ 100,000
ROI
24.4
Cash Flow/m
129- 3 Bed
- 1 Bath
- 3383 sft
127 Higbie Ave E, Minnesota Lake, MN, 56068

$ 100,000
ROI
25.0
Cash Flow/m
146- 3 Bed
- 2 Bath
- 2017 sft
20349 200th St, Glenwood, MN, 56334

Fix & Flip
Motivated Seller
$ 100,000
ROI
24.5
Cash Flow/m
133- 3 Bed
- 1 Bath
- 1350 sft
523 E 11th St, Gibbon, MN, 55335

$ 100,000
ROI
25.3
Cash Flow/m
154- 2 Bed
- 1 Bath
- 1024 sft
2964 Ivory St, Mora, MN, 55051

$ 100,000
ROI
5.1
Gross Rent Yield
9.2
- 1 Bed
- 1 Bath
- 707 sft
4201 Lakeside Ave N APT 214, Brooklyn Center, MN, 55429

$ 100,000
ROI
26.0
Cash Flow/m
174- 3 Bed
- 1 Bath
- 1535 sft
321 S Main St, Sanborn, MN, 56083

Airbnb Potential
$ 100,000
ROI
-
Cash Flow/m
-- 2 Bed
- 1 Bath
- 672 sft
15634 County Road 1 #25, Fifty Lakes, MN, 56448

$ 100,000
ROI
24.5
Cash Flow/m
132- 2 Bed
- 1 Bath
- 964 sft
25 Gibson Rd, Silver Bay, MN, 55614

$ 100,000
ROI
33.1
Cash Flow/m
372- 2 Bed
- 2 Bath
- 1357 sft
429 4th St SW, Cook, MN, 55719

$ 100,000
ROI
8.6
Gross Rent Yield
9.3
- 1 Bed
- 1 Bath
- 735 sft
354 Elton Hills Dr NW APT 32, Rochester, MN, 55901

$ 100,000
ROI
8.5
Gross Rent Yield
9.2
- 1 Bed
- 1 Bath
- 668 sft
3431 Kent St APT 815, Shoreview, MN, 55126

$ 100,000
ROI
25.3
Cash Flow/m
154- 3 Bed
- 1 Bath
- 2252 sft
781 4th Ave SE, Wells, MN, 56097

$ 100,000
ROI
15.6
Gross Rent Yield
9.3
- 3 Bed
- 3 Bath
- 2316 sft
8339 Whitefish Way, Pequot Lakes, MN, 56472

Fix & Flip
$ 100,000
ROI
26.0
Cash Flow/m
174- 2 Bed
- 1 Bath
- 796 sft
947 Stoughton Ave, Chaska, MN, 55318

$ 100,000
ROI
26.2
Cash Flow/m
179- 3 Bed
- 1 Bath
- 815 sft
201 Schilling Rd SE, Bagley, MN, 56621

Fix & Flip
$ 100,000
ROI
24.3
Cash Flow/m
127- 3 Bed
- 2 Bath
- 2694 sft
207 N Main St, Minneota, MN, 56264

Fix & Flip
Airbnb Potential
$ 100,000
ROI
26.0
Cash Flow/m
174- 3 Bed
- 1 Bath
- 1684 sft
359 Hill St E, Hammond, MN, 55991

Motivated Seller
$ 100,000
ROI
26.2
Cash Flow/m
180- 2 Bed
- 2 Bath
- 1330 sft
115 7th Ave E, Halstad, MN, 56548

$ 100,000
ROI
9.3
Gross Rent Yield
9.2
- 1 Bed
- 1 Bath
- 650 sft
12948 Nicollet Ave APT 101, Burnsville, MN, 55337

Fix & Flip
$ 100,000
ROI
-
Cash Flow/m
-- 3 Bed
- 2 Bath
- 1358 sft
702 Broadway St S, Gilbert, MN, 55741
$ 100,000
ROI
25.2
Cash Flow/m
151- 3 Bed
- 2 Bath
- 1456 sft
511 Elm St E, Buffalo, MN, 55313

$ 100,000
ROI
25.2
Cash Flow/m
151- 3 Bed
- 1 Bath
- 680 sft
104 3rd Ave, Bovey, MN, 55709
Why Invest in Kelly Lake, Minnesota?
Investing in Kelly Lake, MN properties under $300k offers affordable entry into a stable market. The area shows an average ROI of 7.5%, rental yields around 6.2%, and a cap rate near 5.8%, with steady cash flow and appreciation potential. Kelly Lake's moderate renter occupancy and consistent rental demand make it an attractive option for investors focusing on smaller-budget multifamily or single-family homes.
7.5%
Avg. ROI
6.2%
Rental Yield
5.8%
Cap Rate
$1200/mo
Avg. Cash Flow
$950/mo
Avg. Rent
2.3%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Kelly Lake primarily include single-family homes and smaller multifamily units suitable for entry-level investors. These properties offer moderate rental income potential with manageable maintenance costs.
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