High Rental Yield 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 with a focus on high rental yield properties offers strong returns fueled by a stable local economy and consistent demand. The area boasts an average ROI of 7%, cap rates near 6%, and rental yields outperforming many neighboring markets. With average rents around $900 and steady appreciation of 3%, investors can expect solid cash flow and healthy renter occupancy rates of about 85%. This makes Lanesboro an attractive choice for rental property investors seeking dependable income streams.
7%
Avg. ROI
6.5%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Lanesboro is around 6.5%, which is higher than many other small towns in Minnesota, making it attractive for rental investors.
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