Under $300K Investment Properties for Sale in Pennington, MN
1024- 2 Bed
- 2 Bath
- 2128 sft
1309- 3 Bed
- 1 Bath
- 1584 sft
167- - Bed
- - Bath
- 640 sft
419- 4 Bed
- 3 Bath
- 2760 sft
- 2 Bed
- 2 Bath
- 1010 sft
- 1 Bed
- 1 Bath
- 624 sft
172- 3 Bed
- 2 Bath
- 1216 sft
- 1 Bed
- 1 Bath
- 700 sft
169- 3 Bed
- 3 Bath
- 1796 sft
160- 3 Bed
- 2 Bath
- 1244 sft
139- 3 Bed
- 2 Bath
- 1552 sft
129- 3 Bed
- 2 Bath
- 1296 sft
306- 1 Bed
- 1 Bath
- 224 sft
163- 1 Bed
- - Bath
- 1440 sft
126- 2 Bed
- 1 Bath
- 864 sft
174- 2 Bed
- 1 Bath
- - sft
10- 1 Bed
- 1 Bath
- 435 sft
170- 4 Bed
- 2 Bath
- 1615 sft
134- 3 Bed
- 2 Bath
- 1148 sft
159- 2 Bed
- 1 Bath
- 1056 sft
155- 3 Bed
- 2 Bath
- 1456 sft
139- 3 Bed
- 3 Bath
- 2988 sft
159- 1 Bed
- 1 Bath
- 715 sft
128- 3 Bed
- 2 Bath
- 1802 sft
168- 4 Bed
- 2 Bath
- 1120 sft
144- 3 Bed
- 1 Bath
- 2136 sft
Why Invest in Pennington, Minnesota?
Investing in Pennington, MN with properties under $300k offers a promising opportunity for reliable rental income in a growing community. With an average ROI of 7.2% and a rental yield of 8%, the market shows strong cash flow potential. The cap rate stands at 6.5%, reflecting steady appreciation in the area. Local renter occupancy is at a healthy 65%, supported by affordable rents averaging $850 monthly. These metrics, combined with moderate appreciation rates, make Pennington an attractive choice for investors seeking affordable entry points.
Frequently Asked Questions
Pennington offers single-family homes and small multi-family units priced under $300k, ideal for investors seeking affordable entry points with solid rental demand.
Find Your Perfect Investment Property in Pennington, Minnesota
Explore investment opportunities by strategy, performance, or property type
