Under $500K Investment Properties for Sale in East Grand Forks, MN
$ 389,000
ROI
21.3
Cash Flow/m
165- 4 Bed
- 2 Bath
- 1946 sft
1529 12th Ave SE, East Grand Forks, MN, 56721
$ 170,000
ROI
25.1Cash Flow/m
252- 2 Bed
- 1 Bath
- 1792 sft
423 1st Ave NE, East Grand Forks, MN, 56721
$ 374,900
ROI
22.8Cash Flow/m
313- 4 Bed
- 2 Bath
- 2352 sft
41248 140th St SW, East Grand Forks, MN, 56721
$ 474,900
ROI
23.2Cash Flow/m
457- 4 Bed
- 4 Bath
- 3621 sft
2112 8th St SE, East Grand Forks, MN, 56721
Why Invest in East Grand Forks, Minnesota?
Investing in East Grand Forks, MN, with properties under $500k offers a solid opportunity for steady rental income and moderate appreciation. The average cap rate hovers around 7%, supported by a rental yield near 6%. Investors can expect an average ROI of approximately 8%, with cash flow averaging $300 monthly. The city's renter-occupied rate of 45% indicates a stable tenant base, making it an attractive market for medium-budget real estate investments.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in East Grand Forks is approximately 6%, reflecting steady rental demand and affordable market prices.
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