High ROI Investment Properties for Sale in Park Rapids, MN
Listed for sale 1 day ago
$ 279,900
ROI
24.5
Cash Flow/m
367- 3 Bed
- 3 Bath
- 1107 sft
400 Eastern Ave S, Park Rapids, MN, 56470
$ 210,000
ROI
22.6Cash Flow/m
164- 3 Bed
- 3 Bath
- 1501 sft
806 Pine St APT 5, Park Rapids, MN, 56470
$ 459,900
ROI
21.1Cash Flow/m
170- 4 Bed
- 3 Bath
- 2936 sft
17653 County Road 18, Park Rapids, MN, 56470
Fix & Flip
$ 225,000
ROI
22.5Cash Flow/m
170- 3 Bed
- 3 Bath
- 1802 sft
12048 County Road 32, Park Rapids, MN, 56470
Why Invest in Park Rapids, Minnesota?
Investing in high ROI properties in Park Rapids, MN offers unique opportunities for investors seeking steady returns. The local rental market supports an average rental yield of 7.2%, with cap rates around 6.5%. Appreciation rates of 3.1% annually and average cash flows of $1,100 per property make it attractive. Rental demand is supported by a renter-occupied rate of 38%, driven by tourism and seasonal population growth. Government data reflects a stable economic environment with diverse employment sectors.
8.5%
Avg. ROI
7.2%
Rental Yield
6.5%
Cap Rate
$1100/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield for high ROI properties in Park Rapids is approximately 7.2%, supported by steady rental demand and a strong seasonal market.
Find Your Perfect Investment Property in Park Rapids, Minnesota
Explore investment opportunities by strategy, performance, or property type
