Under $300K Investment Properties for Sale in Grand Rapids, MN

Listed for sale today
$ 265,000
ROI
21.5
Cash Flow/m
127- 3 Bed
- 2 Bath
- 1781 sft
1303 SW 6th St, Grand Rapids, MN, 55744

Listed for sale today
$ 189,900
ROI
33.2
Cash Flow/m
710- 3 Bed
- 1 Bath
- 912 sft
33137 Gary Dr, Grand Rapids, MN, 55744

Listed for sale 1 day ago
$ 300,000
ROI
23.7
Cash Flow/m
327- 5 Bed
- 2 Bath
- 2400 sft
3008 Midway Ln, Grand Rapids, MN, 55744

$ 273,000
ROI
26.4
Cash Flow/m
502- 3 Bed
- 2 Bath
- 2053 sft
29260 Clearwater 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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