Under $500K 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
Listed for sale 7 days ago
$ 389,900
ROI
20.4Cash Flow/m
66- 2 Bed
- 2 Bath
- 2200 sft
44865 267th Ave, 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
Why Invest in Pelican Rapids, Minnesota?
Investing in Pelican Rapids, MN with properties under $500k presents a promising opportunity for real estate investors looking for affordability combined with steady rental demand. The average rental yield is attractive, supported by a local cap rate indicating healthy returns. Investors benefit from positive appreciation trends and moderate cash flow levels in this mid-sized city. Additionally, the renter-occupied rate reflects a stable rental market ideal for long-term investments.
8.5%
Avg. ROI
7.2%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties under $500k in Pelican Rapids is approximately 8.5%, reflecting healthy investment potential in this price range.
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