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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
$ 183,500
ROI
24.7
Cash Flow/m
253- 3 Bed
- 3 Bath
- 2858 sft
18 6th St NE, Pelican Rapids, MN, 56572
Listed for sale 4 days ago
$ 380,000
ROI
25.7Cash Flow/m
627- 3 Bed
- 2 Bath
- 1187 sft
48658 Alder Dr, Pelican Rapids, MN, 56572
$ 205,000
ROI
21.7Cash Flow/m
109- 3 Bed
- 3 Bath
- 2229 sft
607 Maplewood Dr SE, Pelican Rapids, MN, 56572
$ 180,000
ROI
23.9Cash Flow/m
208- 3 Bed
- 3 Bath
- 2400 sft
200 1st St NW, 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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