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

Listed for sale today
$ 189,000
ROI
31.5
Cash Flow/m
620- 2 Bed
- 1 Bath
- 988 sft
210 W Adams Ave, Luverne, MN, 56156

Listed for sale 1 day ago
$ 165,000
ROI
20.8
Cash Flow/m
48- 4 Bed
- 2 Bath
- 2048 sft
117 N Cottage Grove Ave, Luverne, MN, 56156

$ 239,900
ROI
32.9
Cash Flow/m
878- 3 Bed
- 4 Bath
- 3120 sft
1025 W Fairview Dr, Luverne, MN, 56156

$ 299,500
ROI
24.2
Cash Flow/m
370- 4 Bed
- 2 Bath
- 2014 sft
1021 N Jackson St, 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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