Under $200K Investment Properties for Sale in Lakeland, MN
161- 2 Bed
- 1 Bath
- 1524 sft
- 1 Bed
- 1 Bath
- 600 sft
129- 3 Bed
- 1 Bath
- 3383 sft
146- 3 Bed
- 2 Bath
- 2017 sft
133- 3 Bed
- 1 Bath
- 1350 sft
154- 2 Bed
- 1 Bath
- 1024 sft
- 1 Bed
- 1 Bath
- 707 sft
174- 3 Bed
- 1 Bath
- 1535 sft
-- 2 Bed
- 1 Bath
- 672 sft
132- 2 Bed
- 1 Bath
- 964 sft
372- 2 Bed
- 2 Bath
- 1357 sft
- 1 Bed
- 1 Bath
- 735 sft
- 1 Bed
- 1 Bath
- 668 sft
154- 3 Bed
- 1 Bath
- 2252 sft
- 3 Bed
- 3 Bath
- 2316 sft
174- 2 Bed
- 1 Bath
- 796 sft
179- 3 Bed
- 1 Bath
- 815 sft
127- 3 Bed
- 2 Bath
- 2694 sft
174- 3 Bed
- 1 Bath
- 1684 sft
180- 2 Bed
- 2 Bath
- 1330 sft
- 1 Bed
- 1 Bath
- 650 sft
-- 3 Bed
- 2 Bath
- 1358 sft
151- 3 Bed
- 2 Bath
- 1456 sft
151- 3 Bed
- 1 Bath
- 680 sft
Why Invest in Lakeland, Minnesota?
Investing in Lakeland, MN properties under $200k offers excellent entry points into a stable Midwest market. The area boasts an average ROI of 6.5% with rental yields around 8%, making affordable investments desirable for steady income. Cap rates remain competitive near 7%, while average cash flow supports positive monthly returns. Lakeland's average rent sits near $950, with appreciation projected around 3% annually, driven by strong renter occupancy at 65%. These metrics demonstrate promising potential for both beginner and seasoned investors seeking value in Minnesota's real estate market.
Frequently Asked Questions
The average rental yield in Lakeland for properties under $200k is around 8%, reflecting strong rental income relative to property values in this market segment.
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