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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Prior Lake, MN
Listed for sale 2 days ago
$ 499,900
ROI
23.3
Cash Flow/m
486- 4 Bed
- 3 Bath
- 2520 sft
14026 Bluebird Trl NE, Prior Lake, MN, 55372
$ 129,900
ROI
58.6Cash Flow/m
1405- - Bed
- - Bath
- - sft
9410 Country Dr #LOT, PRIOR LAKE, MN, 55372
Listed for sale 6 days ago
$ 364,900
ROI
28.1Cash Flow/m
846- 3 Bed
- 2 Bath
- 2184 sft
4505 Colorado St SE, Prior Lake, MN, 55372
Listed for sale 7 days ago
$ 380,000
ROI
29.0Cash Flow/m
976- 4 Bed
- 2 Bath
- 2400 sft
3842 Pershing St SW, Prior Lake, MN, 55372
Why Invest in Prior Lake, Minnesota?
Investing in Prior Lake, MN under $500k offers a strong opportunity in a growing suburban market near Minneapolis-St. Paul. The area features average cap rates of 5.2%, rental yields around 7.1%, and a steady appreciation rate near 2.8%. Investors benefit from an average cash flow of $400 and rising renter occupancy at 63%. With a diversified local economy and solid rental demand, Prior Lake is attractive for medium-budget real estate investments.
8.5%
Avg. ROI
7.1%
Rental Yield
5.2%
Cap Rate
$400/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
2.8%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Prior Lake typically include single-family homes and some smaller multifamily units, suitable for investors targeting rental income or long-term appreciation.
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