High Rental Yield Investment Properties for Sale in Pelican Rapids, MN
Listed for sale 1 day ago
$ 275,000
ROI
26.9
Cash Flow/m
542- 3 Bed
- 2 Bath
- 1977 sft
42107 Bur Oak Hills Loop, Pelican Rapids, MN, 56572
Listed for sale 2 days ago
$ 149,900
ROI
25.9Cash Flow/m
258- 2 Bed
- 2 Bath
- 1272 sft
308 2nd St SE, Pelican Rapids, MN, 56572
$ 159,900
ROI
25.7Cash Flow/m
263- 4 Bed
- 3 Bath
- 2267 sft
308 4th St SE, Pelican Rapids, MN, 56572
$ 272,500
ROI
22.0Cash Flow/m
171- 4 Bed
- 3 Bath
- 2683 sft
408 2nd St SE, Pelican Rapids, MN, 56572
Why Invest in Pelican Rapids, Minnesota?
Investing in Pelican Rapids, MN offers high rental yield opportunities ideal for investors seeking steady cash flow. This city’s average rental yield stands at 9.8%, supported by a strong renter-occupied rate of 52%. Local appreciation rates average 3.1% annually, with cap rates near 8.5%, demonstrating solid returns. The avg ROI in Pelican Rapids is 7.4%, making it a compelling choice for real estate investment with above-average rental income.
7.4%
Avg. ROI
9.8%
Rental Yield
8.5%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Pelican Rapids is approximately 9.8%, making it attractive for investors seeking higher cash flow.
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