Under $300K Investment Properties for Sale in Nevis, MN
Listed for sale 7 days ago
$ 259,900
ROI
20.7
Cash Flow/m
65- 2 Bed
- 1 Bath
- 1120 sft
103 Evergreen Ct, Nevis, MN, 56467
$ 169,900
ROI
25.8Cash Flow/m
287- 3 Bed
- 3 Bath
- 1400 sft
21956 County Road 2, Nevis, MN, 56467
$ 295,000
ROI
20.5Cash Flow/m
56- 3 Bed
- 3 Bath
- 2215 sft
22838 Glenhaven Dr, Nevis, MN, 56467
$ 299,900
ROI
21.1Cash Flow/m
116- 3 Bed
- 2 Bath
- 1511 sft
114 County Road 13, Nevis, MN, 56467
Why Invest in Nevis, Minnesota?
Investing in Nevis, MN properties under $300k offers a promising opportunity due to the town's steady rental demand and affordable entry point. The average rental yield stands around 7%, with cap rates hovering near 6%. Nevis benefits from a modest appreciation rate of 2.5% annually and a renter occupancy rate of 58%. Average cash flow for investment properties here is approximately $400 per month, making it attractive for new and seasoned investors alike.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Affordable prices combined with stable rental demand and reasonable cap rates create promising investment potential. Average cash flow and moderate appreciation make it accessible for investors.
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