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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
$ 150,000
ROI
25.7
Cash Flow/m
247- 3 Bed
- 1 Bath
- 960 sft
106 Selmser Ave, Cloquet, MN, 55720
Listed for sale 1 day ago
$ 239,900
ROI
32.8Cash Flow/m
872- 4 Bed
- 2 Bath
- 2040 sft
2209 Selmser Ave, Cloquet, MN, 55720
Listed for sale 3 days ago
$ 274,900
ROI
25.5Cash Flow/m
443- 3 Bed
- 2 Bath
- 1306 sft
702 27th St, Cloquet, MN, 55720
Listed for sale 3 days ago
$ 295,000
ROI
23.6Cash Flow/m
318- 3 Bed
- 2 Bath
- 1680 sft
1474 Aljo Rd, 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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