Under $500K 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
$ 339,900
ROI
22.6Cash Flow/m
269- 4 Bed
- 2 Bath
- 3334 sft
1427 Saint Johns Dr, 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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