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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Long Lake, MN

Listed for sale 4 days ago
$ 499,000
ROI
23.2
Cash Flow/m
478- 3 Bed
- 2 Bath
- 1488 sft
95 Hackberry Hl, Long Lake, MN, 55356

$ 495,000
ROI
23.7
Cash Flow/m
539- 4 Bed
- 2 Bath
- 2184 sft
2167 Watertown Rd, Long Lake, MN, 55356

$ 375,000
ROI
24.4
Cash Flow/m
486- 3 Bed
- 2 Bath
- 1135 sft
2465 Bobolink Rd, Long Lake, MN, 55356

$ 235,000
ROI
22.7
Cash Flow/m
192- 3 Bed
- - Bath
- 1674 sft
400 Leaf St, 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.
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