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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 1 day ago
$ 139,000
ROI
29.9
Cash Flow/m
391- 2 Bed
- 2 Bath
- 2144 sft
711 Washington Ave, Crookston, MN, 56716
$ 141,500
ROI
25.5Cash Flow/m
226- 2 Bed
- 1 Bath
- 2014 sft
413 Sheridan St, Crookston, MN, 56716
$ 197,900
ROI
25.5Cash Flow/m
318- 4 Bed
- 2 Bath
- 2932 sft
109 E 8th St, Crookston, MN, 56716
$ 175,000
ROI
24.5Cash Flow/m
230- 4 Bed
- 2 Bath
- 3099 sft
103 Washington Ave, 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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