Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Long Lake, MN
$ 499,900
ROI
24.5
Cash Flow/m
667- 3 Bed
- 2 Bath
- 2051 sft
303 Heather Ln, Long Lake, MN, 55356
$ 383,900
ROI
26.7Cash Flow/m
744- 3 Bed
- 2 Bath
- 1812 sft
1565 Wayzata Blvd W, Long Lake, MN, 55356
$ 465,000
ROI
21.4Cash Flow/m
212- 3 Bed
- 3 Bath
- 2236 sft
2422 N Blossom Cir, Long Lake, MN, 55356
$ 259,200
ROI
25.6Cash Flow/m
425- 2 Bed
- 1 Bath
- 981 sft
340 Tonka Ave, Long Lake, MN, 55356
Why Invest in Long Lake, Minnesota?
Investing in Long Lake, MN properties under $500k offers a balanced opportunity combining affordability with solid returns. The area shows average ROI of 7.2%, rental yields near 6%, and cap rates around 5%, making it attractive for diversified portfolios. With a steady average cash flow and appreciation rate of approximately 3%, Long Lake draws investors seeking moderate risk and growth. The renter-occupied rate stands at about 35%, reflecting a stable tenant base in a growing suburban market.
7.2%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$350/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Long Lake generally offer an average ROI of around 7.2%, balancing rental income with property appreciation in this market.
Find Your Perfect Investment Property in Long Lake, Minnesota
Explore investment opportunities by strategy, performance, or property type
