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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Detroit Lakes, MN
Listed for sale 1 day ago
$ 210,000
ROI
22.6
Cash Flow/m
166- 3 Bed
- 1 Bath
- 2340 sft
1033 Campbell Ave, Detroit Lakes, MN, 56501
$ 153,000
ROI
40.5Cash Flow/m
883- 3 Bed
- 1 Bath
- 1728 sft
1036 Willow St W, Detroit lakes, MN, 56501
$ 149,900
ROI
28.8Cash Flow/m
379- 1 Bed
- 1 Bath
- 649 sft
1540 Us Highway 59, Detroit Lakes, MN, 56501
$ 369,000
ROI
22.4Cash Flow/m
269- 4 Bed
- 3 Bath
- 2654 sft
14750 Leisure Dr, 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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