Condo Investment Properties in Cloquet, MN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Cloquet, MN

Property at 333 20th St #A, Cloquet, MN
$ 390,000
ROI
23.3ROI percentage
Cash Flow/m
Dollar sign383
  • 3 Bed
  • 2 Bath
  • 1519 sft
333 20th St #A, Cloquet, MN, 55720
Property at 304 Carlton Ave, Cloquet, MN
$ 185,000
ROI
29.8ROI percentage
Cash Flow/m
Dollar sign519
  • 4 Bed
  • 3 Bath
  • 1512 sft
304 Carlton Ave, Cloquet, MN, 55720
Property at 66 Country Club Ln, Cloquet, MN
$ 299,900
ROI
28.2ROI percentage
Cash Flow/m
Dollar sign701
  • 3 Bed
  • 2 Bath
  • 1500 sft
66 Country Club Ln, Cloquet, MN, 55720
Property at 330 13th St, Cloquet, MN
$ 169,500
ROI
37.3ROI percentage
Cash Flow/m
Dollar sign827
  • 3 Bed
  • 2 Bath
  • 1951 sft
330 13th St, Cloquet, MN, 55720

Why Invest in Cloquet, Minnesota?

Investing in condo properties in Cloquet, MN offers a balanced opportunity with notable rental yields and steady appreciation. The local market has cap rates around 7%, reflecting profitable rental income. Average rents remain affordable while cash flows are stable, benefiting investors seeking moderate risk. Economic growth in Cloquet supports demand for rental housing, especially condos. This makes condos in Cloquet appealing for investors aiming for consistent returns in Minnesota's expanding real estate market.

8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$650/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield for condos in Cloquet is approximately 6.5%, offering investors competitive returns in the Minnesota housing market.

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