Investment Properties for Sale in Lanesboro, MN
$ 277,900
ROI
24.6
Cash Flow/m
377- 2 Bed
- 3 Bath
- 2444 sft
300 Kirkwood St E, Lanesboro, MN, 55949
$ 209,900
ROI
22.1Cash Flow/m
139- 3 Bed
- 2 Bath
- 1187 sft
704 Kenilworth Ave S, Lanesboro, MN, 55949
$ 249,900
ROI
23.8Cash Flow/m
283- 2 Bed
- 2 Bath
- 1421 sft
304 Terrace St, Lanesboro, MN, 55949
$ 268,900
ROI
25.9Cash Flow/m
458- 3 Bed
- 2 Bath
- 1533 sft
205 Elmwood St E, Lanesboro, MN, 55949
Why Invest in Lanesboro, Minnesota?
Investing in Lanesboro, MN offers a unique opportunity to capitalize on a charming small town with stable rental yields and an average ROI of 7.2%. The city's appreciation rate has been consistently around 3.5%, making it attractive for long-term growth. Rental yields average 6.5% with cap rates near 5%, indicating a solid cash flow potential. With a renter-occupied rate of 33%, there is good demand for rental properties in this scenic Minnesota town.
7.2%
Avg. ROI
6.5%
Rental Yield
5%
Cap Rate
$650/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Lanesboro is approximately 6.5%, reflecting stable rental income opportunities in this market.
Find Your Perfect Investment Property in Lanesboro, Minnesota
Explore investment opportunities by strategy, performance, or property type
