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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Grand Rapids, MN
Listed for sale 1 day ago
$ 240,000
ROI
29.5
Cash Flow/m
653- 4 Bed
- 2 Bath
- 1890 sft
816 NW 9th St, Grand Rapids, MN, 55744
Listed for sale 1 day ago
$ 255,000
ROI
23.7Cash Flow/m
279- 2 Bed
- 2 Bath
- 1446 sft
29860 Natureview Ln, Grand Rapids, MN, 55744
Listed for sale 2 days ago
$ 249,900
ROI
20.7Cash Flow/m
68- 2 Bed
- 2 Bath
- 1466 sft
20373 Golf Crest Dr, Grand Rapids, MN, 55744
$ 265,000
ROI
29.0Cash Flow/m
684- 3 Bed
- 2 Bath
- 2008 sft
759 Trout Lake Rd, Grand Rapids, MN, 55744
Why Invest in Grand Rapids, Minnesota?
Investing in Grand Rapids, MN under $300k offers a unique opportunity to capitalize on affordable properties with strong rental potential. The city showcases a solid average ROI of 7.2% and a rental yield near 6.5%, reflecting consistent demand from a renter-occupied community exceeding 55%. With an average rent around $1,200 and steady property appreciation of 3.1%, this market balances growth and cash flow for investors seeking value in Minnesota's growing regions.
7.2%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Grand Rapids is around 6.5%, reflecting strong rental demand and steady income potential.
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