High ROI Investment Properties for Sale in Detroit Lakes, MN
Listed for sale 4 days ago
$ 475,000
ROI
29.1
Cash Flow/m
1234- 3 Bed
- 2 Bath
- 1114 sft
23633 Bergquist Ln, Detroit Lakes, MN, 56501
$ 350,000
ROI
22.2Cash Flow/m
241- 3 Bed
- 2 Bath
- 1392 sft
28169 Meadow Dr, Detroit Lakes, MN, 56501
$ 299,000
ROI
22.9Cash Flow/m
261- 3 Bed
- 1 Bath
- 1170 sft
317 Maple Dr, Detroit Lakes, MN, 56501
$ 349,900
ROI
25.3Cash Flow/m
540- 5 Bed
- 3 Bath
- 2392 sft
403 Richwood Rd, Detroit Lakes, MN, 56501
Why Invest in Detroit Lakes, Minnesota?
Detroit Lakes, MN offers high ROI investment opportunities, especially for high cash flow property buyers. The city features average rental yields around 7%, cap rates near 6%, and stable appreciation at approximately 2.5% annually. Investors benefit from a renter-occupied rate exceeding 55%, ensuring consistent demand. Additionally, the average rent remains affordable at about $900, supporting strong tenant occupancy and reliable cash flow streams.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average ROI in Detroit Lakes is around 8%, reflecting strong rental yields and favorable cap rates in the area.
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