Investment Properties for Sale in Crookston, MN

Listed for sale 4 days ago
$ 269,000
ROI
20.7
Cash Flow/m
70- 2 Bed
- 2 Bath
- 1440 sft
1318 Sunny St, Crookston, MN, 56716

Listed for sale 6 days ago
$ 119,500
ROI
25.9
Cash Flow/m
203- 3 Bed
- 2 Bath
- 1431 sft
313 Lincoln Ave, Crookston, MN, 56716

$ 179,300
ROI
29.0
Cash Flow/m
461- 3 Bed
- 2 Bath
- 1850 sft
337 Hurlbut St, Crookston, MN, 56716

$ 339,900
ROI
22.6
Cash Flow/m
269- 4 Bed
- 2 Bath
- 3334 sft
1427 Saint Johns Dr, 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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