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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Ottertail, MN

Listed for sale 7 days ago
$ 175,000
ROI
24.8
Cash Flow/m
244- 2 Bed
- 1 Bath
- 1088 sft
114 West Ave, Ottertail, MN, 56571

$ 149,000
ROI
24.5
Cash Flow/m
196- 1 Bed
- 1 Bath
- 685 sft
204 Maple Ave S, Ottertail, MN, 56571

$ 289,000
ROI
25.5
Cash Flow/m
457- 3 Bed
- 2 Bath
- 1876 sft
116 West Ave, Ottertail, MN, 56571

Airbnb Potential
$ 258,500
ROI
24.7
Cash Flow/m
357- 3 Bed
- 2 Bath
- 1152 sft
35686 Rush Lake Loop #20, 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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