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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Northome, MN
$ 360,000
ROI
21.2
Cash Flow/m
148- 2 Bed
- 2 Bath
- 1678 sft
58610 County Road 29, Northome, MN, 56661
$ 289,000
ROI
28.3Cash Flow/m
684- 3 Bed
- 3 Bath
- 2828 sft
11290 Highway 1, Northome, MN, 56661
$ 312,000
ROI
24.3Cash Flow/m
393- 4 Bed
- 2 Bath
- 1970 sft
56993 County Road 29, Northome, MN, 56661
$ 220,000
ROI
30.6Cash Flow/m
661- 3 Bed
- 2 Bath
- 1104 sft
65405 County Road 174, Northome, MN, 56661
Why Invest in Northome, Minnesota?
Investing in Northome, MN offers a unique opportunity to capitalize on a growing rural market. The area shows a stable average ROI of 6%, with rental yields around 7.5%, making it attractive for investors seeking moderate cash flow and appreciation potential. Cap rates average near 8%, reflecting the balance of risk and reward. With average rents at $750 monthly and rental occupancy of 65%, the market supports steady demand for rental properties.
6%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$350/mo
Avg. Cash Flow
$750/mo
Avg. Rent
2.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Northome is approximately 7.5%, reflecting steady rental demand and moderate property prices.
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