Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Park Rapids, MN

Listed for sale 1 day ago
$ 179,900
ROI
23.8
Cash Flow/m
203- 3 Bed
- 2 Bath
- 1232 sft
12232 Broadway Rd, Park Rapids, MN, 56470

Listed for sale 1 day ago
$ 219,900
ROI
22.3
Cash Flow/m
158- 2 Bed
- 2 Bath
- 2096 sft
612 Front Ave, Park Rapids, MN, 56470

Listed for sale 2 days ago
$ 224,900
ROI
21.7
Cash Flow/m
122- 5 Bed
- 2 Bath
- 2400 sft
314 Lake Ave, Park Rapids, MN, 56470

$ 249,900
ROI
26.0
Cash Flow/m
434- 3 Bed
- 1 Bath
- 1104 sft
1101 Timbers Dr, Park Rapids, MN, 56470
Why Invest in Park Rapids, Minnesota?
Investing in Park Rapids, MN properties under $300k offers an affordable entry into a stable market with steady rental demand. The area boasts an average ROI of 6.5% and a rental yield around 7%, reflecting solid cash flow potential. Cap rates remain competitive near 6%, while average rents provide consistent income. Appreciation trends and a renter-occupied rate above 50% make Park Rapids a promising location for investors focused on value and growth.
6.5%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Park Rapids mainly include single-family homes, small multifamily units, and some older condos. These options appeal to investors seeking affordable entry points and rental income potential.
Find Your Perfect Investment Property in Park Rapids, Minnesota
Explore investment opportunities by strategy, performance, or property type
