Under $200K Investment Properties for Sale in Richfield, MN
Fix & Flip
$ 149,000
ROI
25.3
Cash Flow/m
230- 3 Bed
- 3 Bath
- 2354 sft
6509 2nd Ave S, Richfield, MN, 55423
Fix & Flip
$ 199,900
ROI
27.3Cash Flow/m
420- 2 Bed
- 1 Bath
- 550 sft
7517 Humboldt Ave S, Richfield, MN, 55423
$ 145,000
ROI
25.8Cash Flow/m
242- 1 Bed
- 1 Bath
- 915 sft
6500 Woodlake Dr APT 1003, Richfield, MN, 55423
$ 184,900
ROI
20.0Cash Flow/m
13- 1 Bed
- 1 Bath
- 711 sft
7600 Lyndale Ave S APT 108, Richfield, MN, 55423
Why Invest in Richfield, Minnesota?
Investing in Richfield, MN properties under $200k offers affordable entry into a stable market with strong rental demand. The area shows an average ROI of 7% and rental yields around 6%, supported by a cap rate near 5%. Average cash flow is positive due to steady rent averages near $1,100 monthly. Appreciation trends are moderate at about 3% annually, with renter occupancy rates above 50%, making it a balanced opportunity for investors targeting budget-friendly units.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$150/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for these properties is about 6%, making them attractive for consistent rental income.
Find Your Perfect Investment Property in Richfield, Minnesota
Explore investment opportunities by strategy, performance, or property type
