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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
Listed for sale 1 day ago
$ 139,000
ROI
29.9
Cash Flow/m
391- 2 Bed
- 2 Bath
- 2144 sft
711 Washington Ave, Crookston, MN, 56716
$ 141,500
ROI
25.5Cash Flow/m
226- 2 Bed
- 1 Bath
- 2014 sft
413 Sheridan St, Crookston, MN, 56716
$ 197,900
ROI
25.5Cash Flow/m
318- 4 Bed
- 2 Bath
- 2932 sft
109 E 8th St, Crookston, MN, 56716
$ 175,000
ROI
24.5Cash Flow/m
230- 4 Bed
- 2 Bath
- 3099 sft
103 Washington Ave, 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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