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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Mendota Heights, MN
$ 225,000
ROI
31.0
Cash Flow/m
703- 1 Bed
- 2 Bath
- 1242 sft
1101 Sibley Memorial Hwy APT 306, Mendota Heights, MN, 55118
$ 269,900
ROI
30.9Cash Flow/m
833- 2 Bed
- 2 Bath
- 1494 sft
1101 Sibley Memorial Hwy APT 303, Mendota Heights, MN, 55118
Fix & Flip
$ 225,000
ROI
22.1Cash Flow/m
144- 1 Bed
- 2 Bath
- 1215 sft
1077 Sibley Memorial Hwy APT 506, Mendota Heights, MN, 55118
$ 249,900
ROI
31.4Cash Flow/m
809- 2 Bed
- 2 Bath
- 1480 sft
1860 Eagle Ridge Dr #W303, Mendota Heights, MN, 55118
Why Invest in Mendota Heights, Minnesota?
Investing in condo properties in Mendota Heights, MN offers a unique opportunity in a stable suburban market with solid rental demand. The average ROI of 6.2% and a cap rate of 5.5% highlight the profitability of multifamily investments here. Rental yields remain steady at 7%, supported by median rents of $1,250. Appreciation rates around 3% per year reflect a healthy real estate environment. With renter occupancy at 68%, condos in Mendota Heights attract a consistent tenant base for long-term cash flow.
6.2%
Avg. ROI
7%
Rental Yield
5.5%
Cap Rate
$380/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Mendota Heights is approximately 7%, making it a solid choice for investors seeking consistent income.
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