Under $200K Investment Properties for Sale in Richmond, MN
172- 1 Bed
- 1 Bath
- 385 sft
149- 1 Bed
- 1 Bath
- 399 sft
2545- 1 Bed
- 1 Bath
- 520 sft
2645- 1 Bed
- 1 Bath
- 385 sft
Why Invest in Richmond, Minnesota?
Investing in Richmond, MN properties under $200k offers a unique opportunity to enter a stable Minnesota market with affordable entry points. The area shows a solid average ROI of 7.1% and a rental yield near 6.3%, reflecting good cash flow potential. Richmond features a cap rate of 6.2% and an average monthly rent of $950, making it attractive for income-focused investors looking for steady appreciation around 3.1%. The renter occupancy rate sits at approximately 55%, which supports consistent demand.
Frequently Asked Questions
Richmond offers affordable properties with solid rental yields and moderate appreciation. The local economy and low vacancy rates support stable cash flow for investors.
Find Your Perfect Investment Property in Richmond, Minnesota
Explore investment opportunities by strategy, performance, or property type
