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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Crookston, MN
$ 338,500
ROI
21.4
Cash Flow/m
154- 4 Bed
- 3 Bath
- 3152 sft
920 Groveland Ave, Crookston, MN, 56716
$ 130,000
ROI
32.6Cash Flow/m
464- 2 Bed
- 1 Bath
- 1373 sft
520 W 6th St, Crookston, MN, 56716
Fix & Flip
$ 189,000
ROI
31.9Cash Flow/m
640- 3 Bed
- 2 Bath
- 2877 sft
1718 Radisson Rd, Crookston, MN, 56716
$ 129,900
ROI
24.9Cash Flow/m
187- 3 Bed
- 2 Bath
- 1629 sft
317 Hurlbut 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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