Under $500K Investment Properties for Sale in Luverne, MN
$ 229,900
ROI
20.8
Cash Flow/m
64- 3 Bed
- 3 Bath
- 1737 sft
923 N Spring St, Luverne, MN, 56156
$ 169,900
ROI
29.0Cash Flow/m
439- 3 Bed
- 2 Bath
- 1490 sft
503 E Dodge St, Luverne, MN, 56156
$ 150,000
ROI
33.3Cash Flow/m
563- 3 Bed
- 2 Bath
- 1368 sft
331 SW Park St, Luverne, MN, 56156
$ 119,900
ROI
29.6Cash Flow/m
330- 4 Bed
- 2 Bath
- 1417 sft
742 N Freeman Ave, Luverne, MN, 56156
Why Invest in Luverne, Minnesota?
Investing in Luverne, MN with properties under $500k offers a unique opportunity for cost-effective real estate ventures. This market exhibits a stable average ROI around 6%, with rental yields near 8%. Cap rates are attractive at approximately 7%, supporting healthy cash flow potential. Average rents remain affordable, encouraging consistent renter occupancy above 60%. Appreciation trends suggest steady property value growth in this area.
6%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Luverne is approximately 8%, providing solid income for investors.
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