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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Merrifield, MN
$ 214,900
ROI
22.9
Cash Flow/m
186- 3 Bed
- 2 Bath
- 1450 sft
25528 Blue Bonnet Rd, Merrifield, MN, 56465
$ 499,900
ROI
26.8Cash Flow/m
984- 5 Bed
- 4 Bath
- 3273 sft
13066 Oakland Parkway Rd, Merrifield, MN, 56465
$ 249,900
ROI
21.4Cash Flow/m
115- 3 Bed
- 2 Bath
- 2700 sft
24430 County Road 19, Merrifield, MN, 56465
$ 312,000
ROI
27.8Cash Flow/m
701- 3 Bed
- 2 Bath
- 1674 sft
23829 Bulrush Dr, 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.
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