High Rental Yield Investment Properties for Sale in Lake City, MN

Listed for sale today
$ 385,000
ROI
29.1
Cash Flow/m
1006- 3 Bed
- 3 Bath
- 1770 sft
322 W Center St, Lake City, MN, 55041

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
30.4
Cash Flow/m
1399- 4 Bed
- 3 Bath
- 4234 sft
1020 S Oak St, Lake City, MN, 55041

$ 229,900
ROI
22.0
Cash Flow/m
145- 2 Bed
- 1 Bath
- 1127 sft
506 N 7th 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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