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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 Elmo, MN

Listed for sale 5 days ago
$ 686,500
ROI
24.4
Cash Flow/m
811- 4 Bed
- 3 Bath
- 2959 sft
8254 38th St N, Lake Elmo, MN, 55042

Listed for sale 6 days ago
$ 699,900
ROI
23.2
Cash Flow/m
606- 4 Bed
- 4 Bath
- 3736 sft
9660 Junco Rd N, Lake Elmo, MN, 55042

Listed for sale 6 days ago
$ 415,000
ROI
22.1
Cash Flow/m
271- 3 Bed
- 3 Bath
- 1640 sft
3590 Laverne Ave N, Lake Elmo, MN, 55042

Currently Rented
$ 102,500
ROI
26.0
Cash Flow/m
177- 3 Bed
- 2 Bath
- 1056 sft
493 Cimarron #493, Lake Elmo, MN, 55042
Why Invest in Lake Elmo, Minnesota?
Investing in high rental yield properties in Lake Elmo, MN offers a strong opportunity for consistent cash flow and impressive cap rates. The area benefits from a solid average ROI driven by a stable rental market with growing appreciation rates. Rental yields here average above state norms, making it attractive for both short and long-term investors. Additionally, Lake Elmo's renter occupancy rate remains robust, supporting steady rental demand in this suburban market.
7.2%
Avg. ROI
8.5%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Lake Elmo is approximately 8.5%, making it an attractive market for investment properties generating strong cash flow.
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