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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
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
24.5Cash 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
Airbnb Potential
$ 258,500
ROI
24.7Cash Flow/m
357- 3 Bed
- 2 Bath
- 1152 sft
35686 Rush Lake Loop #20, 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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