Under $200K 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
$ 135,000
ROI
24.8Cash Flow/m
190- 1 Bed
- 1 Bath
- 620 sft
409 7th St, Cloquet, MN, 55720
$ 187,000
ROI
25.5Cash Flow/m
300- 2 Bed
- 1 Bath
- 1200 sft
215 3rd St, Cloquet, MN, 55720
$ 169,900
ROI
24.4Cash Flow/m
219- 2 Bed
- 1 Bath
- 624 sft
2208 Sahlman Ave, Cloquet, MN, 55720
Why Invest in Cloquet, Minnesota?
Investing in Cloquet, MN properties under $200k provides access to a growing market with solid rental demand. This affordable price segment offers an average ROI of 7%, rental yields near 8%, and cap rates around 6%, with positive cash flow potential. Cloquet's stable renter-occupied rate of 45% supports reliable tenant occupancy. Moderate appreciation alongside community economic growth makes it attractive for long-term investors.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Cloquet typically include single-family homes and small multi-family units suited for rental investments. These properties offer affordable entry points for investors seeking steady rental income.
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