High Rental Yield Investment Properties for Sale in Grand Forks, ND
Listed for sale 1 day ago
$ 239,900
ROI
23.8
Cash Flow/m
268- 3 Bed
- 2 Bath
- 1805 sft
624 N 4th St, Grand Forks, ND, 58203
Listed for sale 6 days ago
$ 209,900
ROI
26.1Cash Flow/m
373- 3 Bed
- 2 Bath
- 1901 sft
402 N 4th St, Grand Forks, ND, 58203
Listed for sale 7 days ago
$ 229,900
ROI
33.4Cash Flow/m
875- 4 Bed
- 2 Bath
- 1920 sft
1315 S 20th St, Grand Forks, ND, 58201
$ 359,000
ROI
25.3Cash Flow/m
553- 2 Bed
- 3 Bath
- 2117 sft
891 Raindale Ct, Grand Forks, ND, 58201
Why Invest in Grand Forks, North Dakota?
Grand Forks, ND offers **high rental yield** opportunities for investors seeking strong cash flow in the Midwest. Average rents around $1,000 support yields above 8% with modest property values near $260k. Cap rates hover at 7-9%, driven by university demand and stable employment. Renter occupancy exceeds 45%, bolstered by low vacancy and 4-5% annual rent growth. Appreciation at 6% adds long-term value to high-yield plays.
10.5%
Avg. ROI
8.7%
Rental Yield
8.2%
Cap Rate
$850/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
6%
1Y Appreciation
Frequently Asked Questions
University of North Dakota and Air Force Base create steady renter demand with low vacancy. Average rents near $1,050 pair with $260k home values for 8%+ yields. Stable job growth supports reliable cash flow.
Find Your Perfect Investment Property in Grand Forks, North Dakota
Explore investment opportunities by strategy, performance, or property type
