Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Owatonna, MN
Listed for sale 2 days ago
$ 179,000
ROI
30.4
Cash Flow/m
527- 2 Bed
- 1 Bath
- 1130 sft
8370 County Road 3, Owatonna, MN, 55060
Listed for sale 2 days ago
$ 242,000
ROI
23.6Cash Flow/m
259- 3 Bed
- 2 Bath
- 2688 sft
234 15th St SW, Owatonna, MN, 55060
Listed for sale 4 days ago
$ 316,900
ROI
25.0Cash Flow/m
466- 3 Bed
- 2 Bath
- 2173 sft
435 Allan Ave, Owatonna, MN, 55060
Listed for sale 5 days ago
$ 149,900
ROI
24.9Cash Flow/m
214- 3 Bed
- 1 Bath
- 1314 sft
238 Prospect St, 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.
Find Your Perfect Investment Property in Owatonna, Minnesota
Explore investment opportunities by strategy, performance, or property type
