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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Pelican Rapids, MN
Fix & Flip
$ 115,000
ROI
25.4
Cash Flow/m
181- 2 Bed
- 1 Bath
- 944 sft
211 5th St SE, Pelican Rapids, MN, 56572
$ 175,000
ROI
25.5Cash Flow/m
282- 3 Bed
- 1 Bath
- 1888 sft
504 1st Ave SE, Pelican Rapids, MN, 56572
$ 183,500
ROI
24.7Cash Flow/m
253- 3 Bed
- 3 Bath
- 2858 sft
18 6th St NE, Pelican Rapids, MN, 56572
$ 380,000
ROI
25.7Cash Flow/m
627- 3 Bed
- 2 Bath
- 1187 sft
48658 Alder Dr, 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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