Under $500K Investment Properties for Sale in Monticello, MN
Listed for sale 2 days ago
$ 339,900
ROI
21.2
Cash Flow/m
138- 3 Bed
- 2 Bath
- 1908 sft
9379 Goodrich Dr, Monticello, MN, 55362
Listed for sale 2 days ago
$ 409,990
ROI
24.2Cash Flow/m
506- 4 Bed
- 3 Bath
- 2271 sft
5015 87th St NE, Monticello, MN, 55362
Listed for sale 3 days ago
$ 245,000
ROI
28.4Cash Flow/m
588- 3 Bed
- 2 Bath
- 1454 sft
6984 91st St NE, Monticello, MN, 55362
Listed for sale 3 days ago
$ 295,000
ROI
27.9Cash Flow/m
669- 3 Bed
- 2 Bath
- 1423 sft
718 E River St, Monticello, MN, 55362
Why Invest in Monticello, Minnesota?
Investing in Monticello, MN properties under $500k offers a strategic entry point into a growing market with steady rental demand. This price segment attracts diverse renters, supporting an average rental yield of 6.2% and a cap rate near 5%. Local appreciation has remained stable at 3.1% annually, while average cash flow for investors approximates $550 per month. The renter-occupied rate is strong at 48%, reflecting a balanced housing ecosystem conducive to reliable returns.
8.5%
Avg. ROI
6.2%
Rental Yield
5%
Cap Rate
$550/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Monticello is around 6.2%, indicating solid monthly income potential for investors.
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