Under $500K Investment Properties for Sale in Lafayette, MN
$ 200,000
ROI
21.4
Cash Flow/m
93- 5 Bed
- 4 Bath
- 2592 sft
440 6th St, Lafayette, MN, 56054
$ 274,900
ROI
32.5Cash Flow/m
976- 5 Bed
- 2 Bath
- 2992 sft
35489 585th Ave, Lafayette, MN, 56054
$ 239,900
ROI
28.3Cash Flow/m
572- 3 Bed
- 2 Bath
- 1579 sft
1080 Lafayette Ave, Lafayette, MN, 56054
$ 299,900
ROI
28.1Cash Flow/m
696- 4 Bed
- 2 Bath
- 4308 sft
34813 541st Ave, Lafayette, MN, 56054
Why Invest in Lafayette, Minnesota?
Investing in Lafayette, MN under $500k offers a unique opportunity for real estate investors seeking affordable properties with strong potential. This market features an average rental yield of 7%, a cap rate near 6%, and solid cash flows around $600 per month. The area's appreciation rate of 3.5% reflects steady growth backed by a renter-occupied rate above 45%. Lafayette's economic stability and emerging housing market make it attractive for long-term investment.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$600/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $500k typically include single-family homes and small multi-family units, offering good rental potential and opportunities for cash flow.
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