Under $500K Investment Properties for Sale in Merrifield, MN
Fix & Flip
$ 104,000
ROI
24.6
Cash Flow/m
142- 2 Bed
- - Bath
- 1200 sft
27968 County Road 19, Merrifield, MN, 56465
$ 214,900
ROI
21.5Cash Flow/m
103- 1 Bed
- 1 Bath
- 740 sft
12902 Morningside Dr #24, Merrifield, MN, 56465
$ 174,900
ROI
25.5Cash Flow/m
279- 2 Bed
- 1 Bath
- 540 sft
30199 County Road 3 Lot 19, Merrifield, MN, 56465
$ 299,900
ROI
22.8Cash Flow/m
254- 2 Bed
- 1 Bath
- 800 sft
24627 County Road 3, Merrifield, MN, 56465
Why Invest in Merrifield, Minnesota?
Investing in Merrifield, MN properties under $500k offers a promising opportunity for steady rental income and capital appreciation. The local market shows an average ROI of 7%, with rental yields around 6.5%. Investors benefit from a cap rate of approximately 5.8%, supported by growing renter-occupied rates of 55%. Appreciation rates hover near 3% annually, indicating healthy market growth without extreme volatility.
7%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Merrifield typically include single-family homes and small multifamily units suitable for rental investments. These properties appeal to a variety of investors seeking affordable entry into the market.
Find Your Perfect Investment Property in Merrifield, Minnesota
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