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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Lake Elmo, MN
Listed for sale 6 days ago
$ 406,900
ROI
27.4
Cash Flow/m
859- 3 Bed
- 3 Bath
- 1854 sft
9541 4th St N, Lake Elmo, MN, 55042
$ 425,000
ROI
26.4Cash Flow/m
786- 3 Bed
- 3 Bath
- 2012 sft
9699 4th St N, Lake Elmo, MN, 55042
$ 380,000
ROI
20.2Cash Flow/m
47- 3 Bed
- 4 Bath
- 2579 sft
9954 5th Street Ln N, Lake Elmo, MN, 55042
$ 446,245
ROI
24.6Cash Flow/m
607- 2 Bed
- 2 Bath
- 1216 sft
10926 37th St N, Lake Elmo, MN, 55042
Why Invest in Lake Elmo, Minnesota?
Investing in Lake Elmo, MN properties under $500k offers stable cash flow and competitive cap rates. The city benefits from a growing rental market with an average rental yield above state norms and steady property appreciation. The average ROI attracts long-term investors seeking moderate risk with consistent returns. With a renter-occupied rate that supports demand, Lake Elmo remains an appealing choice for real estate investment under $500k.
7.1%
Avg. ROI
6.2%
Rental Yield
5.4%
Cap Rate
$350/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Under $500k, investors typically find single-family homes and small multifamily properties in Lake Elmo. These homes often appeal to families or rentals with steady demand.
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