Under $300K 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
25.9Cash Flow/m
203- 3 Bed
- 2 Bath
- 1431 sft
313 Lincoln Ave, Crookston, MN, 56716
$ 179,300
ROI
29.0Cash Flow/m
461- 3 Bed
- 2 Bath
- 1850 sft
337 Hurlbut St, Crookston, MN, 56716
$ 179,900
ROI
32.4Cash Flow/m
635- 3 Bed
- 2 Bath
- 2280 sft
1618 Hoven Ln, Crookston, MN, 56716
Why Invest in Crookston, Minnesota?
Investing in Crookston, MN properties under $300k offers a unique opportunity for steady rental income in a growing community. The city boasts an average rental yield of 6.5% and a cap rate of 7%, supported by a 3% annual appreciation rate. With an average cash flow of $350 per property and average rent near $900, investors find promising returns. The renter-occupied rate is around 40%, indicating a healthy rental market for scaled investments.
8%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Yes, properties under $300k in Crookston provide strong rental yields around 6.5% and stable appreciation, offering good cash flow opportunities for investors.
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