Under $200K Investment Properties for Sale in Lakefield, MN

Listed for sale 5 days ago
$ 199,000
ROI
32.3
Cash Flow/m
695- 4 Bed
- 2 Bath
- 2160 sft
510 Bush St, Lakefield, MN, 56150

$ 170,000
ROI
32.1
Cash Flow/m
585- 4 Bed
- 2 Bath
- 1453 sft
210 Snure St, Lakefield, MN, 56150

$ 159,000
ROI
25.8
Cash Flow/m
267- 4 Bed
- 2 Bath
- 1850 sft
101 4th Ave N, Lakefield, MN, 56150

$ 114,500
ROI
25.2
Cash Flow/m
174- 3 Bed
- 1 Bath
- 1020 sft
204 W 5th Ave, Lakefield, MN, 56150
Why Invest in Lakefield, Minnesota?
Investing in Lakefield, MN properties under $200k offers an attractive entry point for real estate investors seeking steady cash flow and appreciation potential. The market combines affordable homes with a solid average rental yield and consistent cap rates, making rental income opportunities favorable. Lakefield benefits from a renter-occupied population with steady appreciation trends, which help sustain long-term investment value amid a stable Midwestern economy.
7.2%
Avg. ROI
8.5%
Rental Yield
6.4%
Cap Rate
$350/mo
Avg. Cash Flow
$820/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Lakefield typically include single-family homes and small multi-family units, suitable for investors focusing on affordable rental properties with steady demand.
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