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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Owatonna, MN
Listed for sale today
$ 229,900
ROI
29.0
Cash Flow/m
592- 4 Bed
- 2 Bath
- 3021 sft
303 E Academy St, Owatonna, MN, 55060
Listed for sale today
$ 250,000
ROI
28.4Cash Flow/m
599- 4 Bed
- 2 Bath
- 1920 sft
1443 Lincoln Ave, Owatonna, MN, 55060
Listed for sale 1 day ago
$ 259,900
ROI
20.7Cash Flow/m
70- 3 Bed
- 2 Bath
- 2560 sft
525 South St, Owatonna, MN, 55060
Listed for sale 6 days ago
$ 395,000
ROI
19.9Cash Flow/m
14- 3 Bed
- 3 Bath
- 3838 sft
385 22nd St SE, Owatonna, MN, 55060
Why Invest in Owatonna, Minnesota?
Investing in Owatonna, MN properties under $500k offers a solid entry point for real estate investors seeking affordable opportunities. The city boasts an average rental yield of 7% and a cap rate of 6.5%, supporting steady cash flow and potential appreciation. With an average ROI of 12% and renter-occupied rate around 48%, Owatonna's market is stable and growing. These metrics reflect a healthy balance of supply and demand within the mid-range housing sector.
12%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Owatonna typically include single-family homes, smaller multi-family units, and condos, offering affordable options for both owner-occupiers and investors.
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