Under $300K Investment Properties for Sale in Plainview, MN
313- 3 Bed
- 2 Bath
- 1778 sft
559- 3 Bed
- 2 Bath
- 2274 sft
778- 4 Bed
- 3 Bath
- 2566 sft
582- 3 Bed
- 3 Bath
- 2472 sft
Why Invest in Plainview, Minnesota?
Investing in Plainview, MN properties under $300K offers a unique opportunity to capture value in a growing small city with stable rental demand. The average ROI is around 7%, with rental yields near 8%, supported by a 5% cap rate. Investors can expect average cash flows of $450 monthly, with average rents at approximately $900. Appreciation rates are steady at about 3% annually, driven by renter-occupied housing stock nearing 45%. This market balances affordability with promising investment fundamentals.
Frequently Asked Questions
Properties under $300K in Plainview primarily include single-family homes and small multi-family units. These properties are well-suited for investors seeking stable rental income with moderate entry costs.
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