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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Mountain Lake, MN
$ 145,000
ROI
26.0
Cash Flow/m
253- 3 Bed
- 2 Bath
- 2168 sft
415 8th St N, Mountain Lake, MN, 56159
$ 169,900
ROI
21.4Cash Flow/m
79- 4 Bed
- 2 Bath
- 1467 sft
419 12th St N, Mountain Lake, MN, 56159
Fix & Flip
$ 199,000
ROI
21.3Cash Flow/m
83- 3 Bed
- 2 Bath
- 2751 sft
1112 Boxelder St, Mountain Lake, MN, 56159
$ 177,700
ROI
20.8Cash Flow/m
53- 3 Bed
- 1 Bath
- 1594 sft
1420 6th Ave, Mountain Lake, MN, 56159
Why Invest in Mountain Lake, Minnesota?
Investing in Mountain Lake, MN properties under $500k offers a unique opportunity for affordable real estate in a growing community. The area features an average ROI of 6.5% and a rental yield of 7%, supported by stable cap rates around 5%. Cash flow remains healthy with average monthly returns near $400, while steady appreciation of 3% indicates a solid long-term value. A strong renter-occupied rate of 55% confirms consistent rental demand in this market.
6.5%
Avg. ROI
7%
Rental Yield
5%
Cap Rate
$400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Mountain Lake typically yield an average ROI of approximately 6.5%, supported by solid rental demand and steady appreciation.
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