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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
$ 419,900
ROI
20.4
Cash Flow/m
78- 5 Bed
- 2 Bath
- 2240 sft
11939 County Road 118, Merrifield, MN, 56465
$ 249,900
ROI
26.3Cash Flow/m
455- 2 Bed
- 1 Bath
- 816 sft
26868 Pelican Beach Rd, Merrifield, MN, 56465
$ 219,900
ROI
31.5Cash Flow/m
717- 3 Bed
- 2 Bath
- 940 sft
12603 Silver Lake Rd, Merrifield, MN, 56465
Airbnb Potential
$ 249,900
ROI
22.8Cash Flow/m
214- 2 Bed
- 2 Bath
- 845 sft
14384 County Road 116, 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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