Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Park Rapids, MN
$ 249,000
ROI
21.8
Cash Flow/m
138- 3 Bed
- 2 Bath
- 1464 sft
16023 Discovery Cir, Park Rapids, MN, 56470
$ 190,000
ROI
25.8Cash Flow/m
321- 3 Bed
- 2 Bath
- 1353 sft
19751 165th Ave, Park Rapids, MN, 56470
$ 199,900
ROI
31.6Cash Flow/m
661- 3 Bed
- 2 Bath
- 1404 sft
15603 Explorer Cir, Park Rapids, MN, 56470
$ 170,000
ROI
29.6Cash Flow/m
464- 3 Bed
- 1 Bath
- 1488 sft
614 2nd St W, Park Rapids, MN, 56470
Why Invest in Park Rapids, Minnesota?
Investing in Park Rapids, MN offers a unique opportunity in the northern Minnesota market with steady appreciation and solid rental yields. Whether focusing on single-family homes or multi-family units, investors benefit from average ROI around 7% and cap rates close to 6%. The area has a healthy renter-occupied rate of about 40%, supported by local employment growth and seasonal tourism. Cash flow averages around $800 monthly and the market shows consistent rental demand.
7%
Avg. ROI
6%
Rental Yield
5.8%
Cap Rate
$800/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Park Rapids is approximately 6%, making it an attractive market for rental property investors.
Find Your Perfect Investment Property in Park Rapids, Minnesota
Explore investment opportunities by strategy, performance, or property type
