High Rental Yield 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 high rental yield properties in Otter Tail, MN offers strong cash flow potential and steady appreciation prospects. This area benefits from a renter-occupied rate around 35%, with an average rental yield of 7.8%. Local average rent remains affordable at approximately $950/month, contributing to an average ROI of 8.4%. Investors can capitalize on Otter Tail’s balanced cap rates near 6% and solid economic fundamentals driven by local employers.
8.4%
Avg. ROI
7.8%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
2.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for high rental yield properties in Otter Tail, MN is approximately 7.8%, providing solid returns for investors.
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