Investment Properties for Sale in Lake City, MN
Listed for sale 2 days ago
$ 253,000
ROI
28.1
Cash Flow/m
589- 3 Bed
- 3 Bath
- 1214 sft
808 N Garden St, Lake City, MN, 55041
$ 475,000
ROI
30.4Cash Flow/m
1399- 4 Bed
- 3 Bath
- 4234 sft
1020 S Oak St, Lake City, MN, 55041
$ 229,900
ROI
22.0Cash Flow/m
145- 2 Bed
- 1 Bath
- 1127 sft
506 N 7th St, Lake City, MN, 55041
$ 410,000
ROI
29.6Cash Flow/m
1119- 4 Bed
- 3 Bath
- 2643 sft
306 S Prairie St, Lake City, MN, 55041
Why Invest in Lake City, Minnesota?
Investing in Lake City, MN offers a unique opportunity to tap into a growing lakefront community with strong rental demand. With an average ROI of 7.1%, rental yields near 6.2%, and cap rates around 5.8%, properties here offer solid income potential. The average cash flow remains steady at $450 monthly, while rents average $1,250. Appreciation rates of about 3.2% indicate good long-term value growth in this attractive Minnesota locale.
7.1%
Avg. ROI
6.2%
Rental Yield
5.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Lake City is approximately 6.2%, providing competitive returns for investors compared to state averages.
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