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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Gonvick, MN
Fix & Flip
Listed for sale 2 days ago
$ 139,900
ROI
25.7
Cash Flow/m
231- - Bed
- - Bath
- 1860 sft
356 Oak St, Gonvick, MN, 56644
$ 160,000
ROI
26.2Cash Flow/m
285- 2 Bed
- 1 Bath
- 816 sft
178 Cedar St, Gonvick, MN, 56644
$ 129,900
ROI
24.3Cash Flow/m
164- 3 Bed
- 2 Bath
- 1932 sft
214 Oak St, Gonvick, MN, 56644
$ 114,900
ROI
24.9Cash Flow/m
166- 3 Bed
- 1 Bath
- 1208 sft
58 South Ave, Gonvick, MN, 56644
Why Invest in Gonvick, Minnesota?
Investing in single-family homes in Gonvick, MN offers a unique opportunity to benefit from steady rental demand in a small town setting. The local market features average rental yields of 7%, with average cash flow around $350 per month. Appreciation rates remain moderate at about 2.5% annually, supported by a stable renter-occupied rate near 40%. These metrics create an attractive balance of income and growth potential for investors seeking lesser competition and manageable entry costs.
8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Gonvick is approximately 7%, reflecting steady rental demand in the local market.
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