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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

Listed for sale 2 days ago
$ 140,000
ROI
27.3
Cash Flow/m
292- 3 Bed
- 3 Bath
- 1673 sft
718 9th St N, Mountain Lake, MN, 56159

Listed for sale 6 days ago
$ 150,000
ROI
25.5
Cash Flow/m
238- 2 Bed
- 2 Bath
- 1725 sft
1008 Boxelder St, Mountain Lake, MN, 56159

$ 124,900
ROI
25.3
Cash Flow/m
192- 4 Bed
- 2 Bath
- 1800 sft
1116 6th Ave, Mountain Lake, MN, 56159

$ 125,000
ROI
25.4
Cash Flow/m
194- 3 Bed
- 2 Bath
- 1573 sft
206 12th St S, 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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