Under $500K Investment Properties for Sale in Minneapolis, KS
175- 3 Bed
- 2 Bath
- 1712 sft
279- 2 Bed
- 2 Bath
- 1286 sft
100- 3 Bed
- 3 Bath
- 2272 sft
470- 2 Bed
- 1 Bath
- 1066 sft
Why Invest in Minneapolis, Kansas?
Investing in Minneapolis, KS properties under $500k offers an exceptional opportunity for steady rental income and long-term appreciation. The local real estate market benefits from a solid cap rate around 7% and an average rental yield of 6%, making it attractive for investors seeking cash flow. With an average ROI of 9% and reasonable average rents near $850, these properties appeal to renters in a predominantly renter-occupied market. Economic indicators highlight stable growth in employment and income, boosting demand for quality rental housing. Overall, Minneapolis presents a balanced investment landscape for those focusing on affordable residential rental assets.
Frequently Asked Questions
The average rental yield for properties priced under $500k in Minneapolis, KS is approximately 6%, providing a good income potential for investors.
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