Under $200K Investment Properties for Sale in Lucan, MN
204- 2 Bed
- 2 Bath
- 2968 sft
264- 2 Bed
- 2 Bath
- 1984 sft
268- 4 Bed
- 2 Bath
- 3200 sft
161- 2 Bed
- 1 Bath
- 1524 sft
- 1 Bed
- 1 Bath
- 600 sft
129- 3 Bed
- 1 Bath
- 3383 sft
146- 3 Bed
- 2 Bath
- 2017 sft
133- 3 Bed
- 1 Bath
- 1350 sft
154- 2 Bed
- 1 Bath
- 1024 sft
- 1 Bed
- 1 Bath
- 707 sft
174- 3 Bed
- 1 Bath
- 1535 sft
-- 2 Bed
- 1 Bath
- 672 sft
132- 2 Bed
- 1 Bath
- 964 sft
372- 2 Bed
- 2 Bath
- 1357 sft
- 1 Bed
- 1 Bath
- 735 sft
- 1 Bed
- 1 Bath
- 668 sft
154- 3 Bed
- 1 Bath
- 2252 sft
- 3 Bed
- 3 Bath
- 2316 sft
174- 2 Bed
- 1 Bath
- 796 sft
179- 3 Bed
- 1 Bath
- 815 sft
127- 3 Bed
- 2 Bath
- 2694 sft
174- 3 Bed
- 1 Bath
- 1684 sft
180- 2 Bed
- 2 Bath
- 1330 sft
- 1 Bed
- 1 Bath
- 650 sft
-- 3 Bed
- 2 Bath
- 1358 sft
151- 3 Bed
- 2 Bath
- 1456 sft
151- 3 Bed
- 1 Bath
- 680 sft
Why Invest in Lucan, Minnesota?
Investing in properties under $200k in Lucan, MN offers an attractive entry point for real estate investors seeking affordable markets with promising returns. Lucan’s average rental yield of around 7% and an average ROI of 8.5% highlight the potential for steady income and appreciation. The cap rate hovers near 6%, reflecting a balanced market for rental properties. With average cash flow near $150 per month and typical rents around $850, this market appeals to investors targeting reliable monthly income while benefiting from a modest 3% appreciation. The renter-occupied rate in Lucan stands healthy at approximately 60%, indicating a stable tenant base.
Frequently Asked Questions
Most properties under $200k in Lucan include single-family homes and small multi-family units, offering affordable options for entry-level investors and those seeking rental income.
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