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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Ottertail, MN
$ 274,900
ROI
24.2
Cash Flow/m
339- 3 Bed
- 2 Bath
- 1792 sft
43295 Round Lake Dr, Ottertail, MN, 56571
$ 185,000
ROI
20.5Cash Flow/m
40- 2 Bed
- 1 Bath
- 560 sft
35686 Rush Lake Loop #11, Ottertail, MN, 56571
$ 265,000
ROI
30.0Cash Flow/m
752- 3 Bed
- 2 Bath
- 1566 sft
128 Lynn Rd, Ottertail, MN, 56571
Fix & Flip
$ 159,900
ROI
29.5Cash Flow/m
436- 2 Bed
- 1 Bath
- 720 sft
246 Park Cir, 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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