Under $500K 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 $500k offers a unique opportunity to tap into a growing local economy with stable rental demand. This price segment attracts both new and seasoned investors seeking solid average rental yields around 7% and cap rates near 6%. The average ROI of 8% and steady average cash flow of $700 per property demonstrate potential for long-term wealth growth. Nevis's median rent of $1,200 and renter occupancy rate at 45% indicate healthy market activity in this affordable range.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$700/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Nevis for properties under $500k is approximately 7%, making it attractive for investors seeking steady income.
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