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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Pelican Rapids, MN
Listed for sale 1 day ago
$ 220,000
ROI
22.5
Cash Flow/m
166- 4 Bed
- 2 Bath
- 2666 sft
217 1st St NW, 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
$ 298,000
ROI
24.7Cash Flow/m
407- 3 Bed
- 3 Bath
- 2416 sft
713 7th Avenue Cir SE, Pelican Rapids, MN, 56572
$ 375,000
ROI
26.6Cash Flow/m
720- 4 Bed
- 3 Bath
- 2392 sft
41854 215th Ave, Pelican Rapids, MN, 56572
Why Invest in Pelican Rapids, Minnesota?
Investing in single-family homes in Pelican Rapids, MN offers a unique opportunity with a moderate average ROI of 6.5%. This area benefits from a rental yield of around 7.2%, supporting steady cash flow for investors. The cap rate sits at approximately 5.5%, driven by average rents near $850 monthly. Appreciation trends show steady growth, making Pelican Rapids a reliable market for stable income and long-term asset appreciation.
6.5%
Avg. ROI
7.2%
Rental Yield
5.5%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Pelican Rapids for single-family homes is approximately 7.2%, offering a stable income stream for investors.
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