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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family 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 single-family homes in Cloquet, MN offers a promising opportunity for steady rental income and asset appreciation. This market features an average cap rate of 6%, providing attractive returns for real estate investors. The average rental yield of 7% and positive cash flow make Cloquet an appealing location. The area's renter-occupied rate of 35% supports a stable demand for rentals. Local economic factors and steady real estate appreciation contribute to long-term investment growth potential.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$550/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Cloquet is around 7%, providing solid returns for investors focused on rental income.
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