High Rental Yield Investment Properties for Sale in Cloquet, MN
Listed for sale 1 day ago
$ 180,000
ROI
21.3
Cash Flow/m
76- 2 Bed
- 1 Bath
- 750 sft
2115 Doddridge Ave, Cloquet, MN, 55720
Listed for sale 1 day ago
$ 229,500
ROI
31.1Cash Flow/m
727- 3 Bed
- 1 Bath
- 1159 sft
1022 Spring Lake Rd, Cloquet, MN, 55720
Listed for sale 3 days ago
$ 299,900
ROI
27.6Cash Flow/m
652- 3 Bed
- 2 Bath
- 1386 sft
314 16th St, Cloquet, MN, 55720
Listed for sale 4 days ago
$ 329,900
ROI
28.1Cash Flow/m
771- 4 Bed
- 2 Bath
- 2128 sft
3556 Munger Shaw Rd, Cloquet, MN, 55720
Why Invest in Cloquet, Minnesota?
Investing in Cloquet, MN rental properties with high rental yield offers a promising opportunity for steady cash flow and long-term appreciation. The local market boasts an average ROI of 7.2% and a rental yield around 8.5%, underpinned by a cap rate of 6.8%. Average monthly rents are approximately $900, supporting favorable cash flow margins for investors. The renter-occupied rate is over 60%, reflecting strong tenant demand in this area.
7.2%
Avg. ROI
8.5%
Rental Yield
6.8%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Cloquet is approximately 8.5%, making it an attractive market for rental property investors.
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