Investment Properties for Sale in Ottertail, MN
$ 379,900
ROI
21.5
Cash Flow/m
190- 3 Bed
- 2 Bath
- 1856 sft
118 Shores Rd, Ottertail, MN, 56571
$ 299,000
ROI
25.7Cash Flow/m
496- 2 Bed
- 2 Bath
- 1188 sft
202 Cozy Oak Dr E, Ottertail, MN, 56571
$ 149,000
ROI
24.5Cash Flow/m
196- 1 Bed
- 1 Bath
- 685 sft
204 Maple Ave S, Ottertail, MN, 56571
$ 289,000
ROI
25.5Cash Flow/m
457- 3 Bed
- 2 Bath
- 1876 sft
116 West Ave, Ottertail, MN, 56571
Why Invest in Ottertail, Minnesota?
Investing in Ottertail, MN offers a unique opportunity in a growing local market characterized by steady appreciation and solid rental yields. The area sees an average ROI of 7%, rental yields around 8%, and cap rates near 6%, making it attractive for residential investors. Average cash flow remains positive due to moderate average rent levels and a renter-occupied rate of approximately 42%. This location benefits from a stable economy with steady employment in manufacturing and health services sectors.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Ottertail is about 8%, making it a competitive area for rental property investments.
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