Single Family Investment Properties for Sale in Richmond, MN
Listed for sale 6 days ago
$ 199,000
ROI
32.5
Cash Flow/m
707- 4 Bed
- 1 Bath
- 1630 sft
441 Main St W, Richmond, MN, 56368
$ 175,000
ROI
25.7Cash Flow/m
291- 3 Bed
- 2 Bath
- 1672 sft
245 Main St W, Richmond, MN, 56368
$ 350,000
ROI
21.9Cash Flow/m
203- 2 Bed
- 1 Bath
- 1088 sft
18305 Browns Lake Rd, Richmond, MN, 56368
$ 160,000
ROI
26.8Cash Flow/m
315- 1 Bed
- 1 Bath
- 520 sft
18096 Browns Lake Rd #65, Richmond, MN, 56368
Why Invest in Richmond, Minnesota?
Investing in single-family homes in Richmond, MN offers a stable opportunity with solid rental yields around 7%. The area's average cash flow hovers near $900 per property monthly, supported by a cap rate of approximately 6%. Appreciation rates are steady at about 3% per year, and renter occupancy remains high, making this a favorable market for long-term investors focusing on residential properties. Local economic growth and moderate housing demand support continued investment potential in this niche.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$900/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Richmond is approximately 7%, reflecting stable rental income relative to property values.
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