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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Ottertail, MN
$ 274,000
ROI
31.9
Cash Flow/m
924- 3 Bed
- 2 Bath
- 3328 sft
36361 Rush Lake Loop, Ottertail, MN, 56571
$ 263,500
ROI
28.4Cash Flow/m
636- 3 Bed
- 2 Bath
- 1566 sft
128 Lynn Rd, Ottertail, MN, 56571
$ 379,900
ROI
19.9Cash Flow/m
12- 2 Bed
- 2 Bath
- 1612 sft
122 Thumper Pond Dr, Ottertail, MN, 56571
$ 160,000
ROI
23.8Cash Flow/m
182- 3 Bed
- 1 Bath
- 960 sft
36382 Rush Lake Loop #19, 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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