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

Currently Rented
Rental Income
Listed for sale 1 day ago
$ 185,000
ROI
31.8
Cash Flow/m
621- 2 Bed
- 2 Bath
- 3240 sft
118 S Washington St, Lake City, MN, 55041

Listed for sale 1 day ago
$ 499,900
ROI
22.2
Cash Flow/m
344- 3 Bed
- 2 Bath
- 3590 sft
1509 Wildwood Dr, Lake City, MN, 55041

$ 385,000
ROI
24.3
Cash Flow/m
482- 4 Bed
- 3 Bath
- 3465 sft
612 S Oak St, Lake City, MN, 55041

$ 400,000
ROI
23.6
Cash Flow/m
433- 4 Bed
- 2 Bath
- 3481 sft
118 W Chestnut St, Lake City, MN, 55041
Why Invest in Lake City, Minnesota?
Investors focused on high rental yield properties in Lake City, MN have a promising opportunity. This market boasts an average rental yield of 8.2%, attractive cap rates around 7%, and consistent appreciation near 3% per year. Average rents remain stable at about $1,250, supporting solid cash flows for investors. With a renter-occupied rate of 58%, the demand for rentals supports sustainable income generation in this lakeside community.
7.5%
Avg. ROI
8.2%
Rental Yield
7%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Lake City is approximately 8.2%, making it attractive for rental property investors seeking steady income.
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