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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Crookston, MN
Listed for sale 5 days ago
$ 218,500
ROI
27.9
Cash Flow/m
496- 4 Bed
- 2 Bath
- 2080 sft
415 2nd Ave NE, Crookston, MN, 56716
Listed for sale 5 days ago
$ 172,500
ROI
29.1Cash Flow/m
447- 4 Bed
- 1 Bath
- 2630 sft
434 Bridge St, Crookston, MN, 56716
Listed for sale 7 days ago
$ 259,000
ROI
21.1Cash Flow/m
99- 3 Bed
- 2 Bath
- 2016 sft
708 4th Ave NE, Crookston, MN, 56716
$ 159,000
ROI
25.4Cash Flow/m
248- 2 Bed
- 2 Bath
- 1050 sft
715 Birch St, Crookston, MN, 56716
Why Invest in Crookston, Minnesota?
Investing in Crookston, MN offers opportunities in affordable housing markets with solid cap rates and stable rental yields. The city features an average ROI near 7%, rental yields around 8%, and a growing renter-occupied population supporting demand. Appreciation is steady with about 3% annual growth, making it a promising location for diverse investment strategies including single-family homes and smaller multifamily units. The active local economy and presence of educational institutions also bolster rental demand.
7%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Crookston is approximately 8%, reflecting strong demand for rental properties in this affordable market.
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