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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Park Rapids, MN

$ 172,000
ROI
19.8
Cash Flow/m
2- 2 Bed
- 1 Bath
- 720 sft
26315 Icon Dr #102, Park Rapids, MN, 56470

Airbnb Potential
$ 200,000
ROI
29.1
Cash Flow/m
518- - Bed
- - Bath
- 3240 sft
22074 Gummy Bear Rd, Park Rapids, MN, 56470

$ 209,000
ROI
22.8
Cash Flow/m
179- 2 Bed
- 2 Bath
- 936 sft
14612 Gazebo Dr APT 21, Park Rapids, MN, 56470

$ 209,900
ROI
23.5
Cash Flow/m
218- 2 Bed
- 2 Bath
- 936 sft
14590 Gazebo Dr #18, Park Rapids, MN, 56470
Why Invest in Park Rapids, Minnesota?
Investing in townhouses in Park Rapids, MN offers a unique opportunity to tap into a growing market with solid rental yields. The area’s average ROI stands at a competitive 7%, supported by a cap rate of 6.5% and average cash flow of $250 monthly. With rising appreciation rates nearing 3% annually and vacancies below 5%, townhouses represent a stable long-term investment option in this community known for its outdoor attractions and steady renter occupancy near 55%.
7%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Park Rapids offers competitive cap rates and steady rental demand supported by a stable economy and growing local population, making townhouses attractive for investors seeking consistent cash flow.
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