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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Crookston, MN
$ 309,000
ROI
23.1
Cash Flow/m
288- 3 Bed
- 1 Bath
- 1952 sft
1419 Saint Marys Dr, Crookston, MN, 56716
$ 219,000
ROI
24.2Cash Flow/m
272- 3 Bed
- 2 Bath
- 2322 sft
431 Russell St, Crookston, MN, 56716
$ 172,000
ROI
32.3Cash Flow/m
602- 3 Bed
- 2 Bath
- 1895 sft
906 Stearns St, Crookston, MN, 56716
$ 174,900
ROI
33.0Cash Flow/m
644- 3 Bed
- 2 Bath
- 2480 sft
1118 Wilson 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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