Condo Investment Properties for Sale in Northfield, MN
Listed for sale 7 days ago
$ 185,500
ROI
28.9
Cash Flow/m
470- 2 Bed
- 2 Bath
- 1169 sft
Bluebird Plan, Gracewin Cooperative of Northfield, Northfield, MN, 55057
$ 218,750
ROI
24.1Cash Flow/m
262- 2 Bed
- 2 Bath
- 1378 sft
Starling Plan, Gracewin Cooperative of Northfield, Northfield, MN, 55057
$ 189,000
ROI
28.3Cash Flow/m
448- 2 Bed
- 2 Bath
- 1191 sft
Goldfinch Plan, Gracewin Cooperative of Northfield, Northfield, MN, 55057
$ 160,000
ROI
28.9Cash Flow/m
408- 1 Bed
- 1 Bath
- 1031 sft
Chickadee Plan, Gracewin Cooperative of Northfield, Northfield, MN, 55057
Why Invest in Northfield, Minnesota?
Investing in Northfield, MN condos offers a strong opportunity for steady rental income and moderate appreciation. With a growing renter population and favorable cap rates around 6%, this market appeals to investors seeking stable cash flow and reliable ROI. Northfield's diverse economy and university presence support a healthy rental demand. Average rents and cash flows are attractive compared to state averages, making condos a smart portfolio addition.
7.5%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Northfield is approximately 5.5%, reflecting steady rental demand and moderate property prices.
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