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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Cloquet, MN
Listed for sale 1 day ago
$ 289,900
ROI
24.0
Cash Flow/m
341- 2 Bed
- 1 Bath
- 1512 sft
704 North Rd, Cloquet, MN, 55720
Listed for sale 1 day ago
$ 275,000
ROI
25.5Cash Flow/m
443- 3 Bed
- 1 Bath
- 1150 sft
701 Poplar Ave, Cloquet, MN, 55720
Listed for sale 4 days ago
$ 350,000
ROI
21.6Cash Flow/m
184- 4 Bed
- 1 Bath
- 1664 sft
230 Saint Louis River Rd W, Cloquet, MN, 55720
Listed for sale 4 days ago
$ 325,000
ROI
25.5Cash Flow/m
521- 3 Bed
- 3 Bath
- 2366 sft
1410 Highland Ave, 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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