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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in East Grand Forks, MN
Fix & Flip
Listed for sale 2 days ago
$ 250,000
ROI
22.9
Cash Flow/m
220- 3 Bed
- 2 Bath
- 1734 sft
1126 Morgan Pl SE, East Grand Forks, MN, 56721
$ 419,900
ROI
23.3Cash Flow/m
414- 3 Bed
- 2 Bath
- 2229 sft
2128 10th St SE, East Grand Forks, MN, 56721
$ 330,000
ROI
22.9Cash Flow/m
287- 4 Bed
- 2 Bath
- 2304 sft
1614 19th St NW, East Grand Forks, MN, 56721
$ 220,000
ROI
25.0Cash Flow/m
318- 3 Bed
- 2 Bath
- 1472 sft
615 5th Ave NE, 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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