Under $500K Investment Properties for Sale in Minnetonka, MN
Listed for sale 1 day ago
$ 348,900
ROI
24.6
Cash Flow/m
468- 4 Bed
- 2 Bath
- 1489 sft
9712 Cimarron Cir, Minnetonka, MN, 55305
Listed for sale 2 days ago
$ 500,000
ROI
20.6Cash Flow/m
112- 3 Bed
- 2 Bath
- 2366 sft
10800 Oak Knoll Ter N, Minnetonka, MN, 55305
Listed for sale 4 days ago
$ 339,000
ROI
25.1Cash Flow/m
505- 3 Bed
- 2 Bath
- 1755 sft
18300 Creeks Bend Dr, Minnetonka, MN, 55345
Listed for sale 5 days ago
$ 365,000
ROI
22.9Cash Flow/m
320- 3 Bed
- 2 Bath
- 1871 sft
18512 Lime Tree Ct, Minnetonka, MN, 55345
Why Invest in Minnetonka, Minnesota?
Investing in Minnetonka, MN, with a focus on properties under $500k offers a balanced opportunity combining affordability and strong rental demand. The city boasts an average ROI of 7.2% and a rental yield around 6.5%, making it attractive for investors targeting moderate cash flow. Cap rates hover near 5.8%, supported by steady appreciation rates of 3.4% annually. With an average monthly rent of $1,500 and renter occupancy at 64%, this market delivers solid, long-term investment potential.
7.2%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$350/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
3.4%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500,000 in Minnetonka is approximately 6.5%, offering investors a solid return relative to regional market conditions.
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