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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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
32.6
Cash Flow/m
464- 2 Bed
- 1 Bath
- 1373 sft
520 W 6th St, Crookston, MN, 56716

Fix & Flip
$ 189,000
ROI
31.9
Cash Flow/m
640- 3 Bed
- 2 Bath
- 2877 sft
1718 Radisson Rd, Crookston, MN, 56716

$ 129,900
ROI
24.9
Cash Flow/m
187- 3 Bed
- 2 Bath
- 1629 sft
317 Hurlbut St, Crookston, MN, 56716
Why Invest in Crookston, Minnesota?
Investing in Crookston, MN properties under $500k offers a unique opportunity to tap into a growing rental market with solid cap rates and steady rental yields. The area shows an average ROI of 7% complemented by consistent rental yield of 6%. Appreciation rates are reasonable, making it a stable market for long-term gains. With renter-occupied units near 48%, demand for affordable housing remains strong, ensuring cash flow potential for investors.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rent for properties under $500k in Crookston is approximately $900 per month, reflecting a strong rental market for affordable homes.
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