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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Crookston, MN
Listed for sale 5 days ago
$ 218,500
ROI
27.9
Cash Flow/m
496- 4 Bed
- 2 Bath
- 2080 sft
415 2nd Ave NE, Crookston, MN, 56716
Listed for sale 5 days ago
$ 172,500
ROI
29.1Cash Flow/m
447- 4 Bed
- 1 Bath
- 2630 sft
434 Bridge St, Crookston, MN, 56716
Listed for sale 7 days ago
$ 259,000
ROI
21.1Cash Flow/m
99- 3 Bed
- 2 Bath
- 2016 sft
708 4th Ave NE, Crookston, MN, 56716
$ 159,000
ROI
25.4Cash Flow/m
248- 2 Bed
- 2 Bath
- 1050 sft
715 Birch St, 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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