Under $500K Investment Properties for Sale in Mountain Lake, MN

$ 165,000
ROI
27.6
Cash Flow/m
358- 3 Bed
- 1 Bath
- 1100 sft
603 Klein St, Mountain Lake, MN, 56159

$ 115,000
ROI
25.6
Cash Flow/m
186- 3 Bed
- 2 Bath
- 1171 sft
423 10th St S, Mountain Lake, MN, 56159

$ 275,000
ROI
23.1
Cash Flow/m
254- 4 Bed
- 2 Bath
- 1906 sft
35144 County Road 99, Mountain Lake, MN, 56159

$ 215,000
ROI
24.2
Cash Flow/m
263- 4 Bed
- 2 Bath
- 1952 sft
700 7th 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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