Under $200K Investment Properties for Sale in Long Prairie, MN

$ 190,000
ROI
24.7
Cash Flow/m
263- 3 Bed
- 1 Bath
- 780 sft
115 Todd St S, Long Prairie, MN, 56347

$ 180,000
ROI
27.1
Cash Flow/m
368- 2 Bed
- 1 Bath
- 1088 sft
22743 Ginseng Rd, Long Prairie, MN, 56347

$ 197,200
ROI
25.2
Cash Flow/m
301- 3 Bed
- 2 Bath
- 1800 sft
216 6th St NE, Long Prairie, MN, 56347

$ 119,900
ROI
25.2
Cash Flow/m
181- 3 Bed
- 1 Bath
- 728 sft
27369 County Road 89, Long Prairie, MN, 56347
Why Invest in Long Prairie, Minnesota?
Investing in Long Prairie, MN under 200k offers opportunities in an affordable Midwest town with steady rental demand. With an average ROI of around 7%, cap rates at 6%, and rental yields near 8%, this market appeals to value-focused investors. The area has a renter occupancy rate of 42%, supporting consistent cash flows averaging $600 monthly. Appreciation rates remain moderate at 2%, reflecting stable growth for long-term investors seeking below $200k properties.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$150/mo
Avg. Cash Flow
$600/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Under $200k, most properties are single-family homes and small multi-family units suitable for rental income. These properties offer affordable entry points for investors seeking long-term cash flow.
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