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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Pelican Rapids, MN
Listed for sale 1 day ago
$ 299,900
ROI
29.1
Cash Flow/m
780- 4 Bed
- 4 Bath
- 2869 sft
322 3rd Ave SE, Pelican Rapids, MN, 56572
$ 175,000
ROI
36.6Cash Flow/m
822- 3 Bed
- 2 Bath
- 1645 sft
317 Broadway S, PELICAN RAPIDS, MN, 56572
$ 180,000
ROI
25.9Cash Flow/m
306- 3 Bed
- 2 Bath
- 1752 sft
316 2nd St SE, Pelican Rapids, MN, 56572
$ 140,000
ROI
25.2Cash Flow/m
213- 2 Bed
- 1 Bath
- 1408 sft
313 3rd St SE, Pelican Rapids, MN, 56572
Why Invest in Pelican Rapids, Minnesota?
Investing in Pelican Rapids, MN offers a solid opportunity in a growing small city. The local real estate market features an average ROI of 7.5%, with rental yields around 6%, highlighting steady cash flow prospects. Cap rates are favorable at approximately 5.5%, supported by an average monthly rent of $900. Appreciating property values combined with a renter occupancy rate near 65% make Pelican Rapids attractive for residential rental investments.
7.5%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Pelican Rapids is approximately 6%, offering a solid return for rental property investors.
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