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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield 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 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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