Investment Properties Under $200K in Ottertail, MN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $200K Investment Properties for Sale in Ottertail, MN

Why Invest in Ottertail, Minnesota?

Investing in Ottertail, MN under $200k offers an attractive entry point for real estate investors seeking steady rental income. The region boasts an average rental yield of 7.2% and a cap rate of 6.1%, reflecting healthy market fundamentals. Appreciation rates near 3% demonstrate moderate growth potential, while average cash flow remains positive at around $120 per month. With a high renter-occupied rate of 65%, demand for affordable housing remains strong, making this an ideal market for budget-conscious investors.

8%
Avg. ROI
7.2%
Rental Yield
6.1%
Cap Rate
$120/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rent for properties under $200k in Ottertail is approximately $850 per month, offering a healthy rental yield for investors.

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