Under $300K Investment Properties for Sale in Proctor, MN
Listed for sale 6 days ago
$ 199,000
ROI
25.3
Cash Flow/m
308- 2 Bed
- 2 Bath
- 969 sft
117 4th St, Proctor, MN, 55810
$ 279,900
ROI
25.0Cash Flow/m
412- 3 Bed
- 2 Bath
- 1182 sft
136 5th St, Proctor, MN, 55810
$ 269,900
ROI
26.1Cash Flow/m
475- 3 Bed
- 2 Bath
- 1232 sft
1101 Acacia Ave, Proctor, MN, 55810
Fix & Flip
$ 120,000
ROI
25.4Cash Flow/m
188- 2 Bed
- 1 Bath
- 691 sft
27 Oak St, Proctor, MN, 55810
Why Invest in Proctor, Minnesota?
Investing in Proctor, MN properties under $300k offers significant potential for steady rental income and appreciation. This affordable market features an average ROI of 7.5%, supported by a cap rate of around 6% and rental yields near 8%. Investors benefit from average monthly rents of $900 and stable cash flow with renter occupancy rates near 70%. The city's proximity to Duluth enhances demand and economic stability.
7.5%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for affordable properties under $300k in Proctor is around 8%, making it a viable option for rental income investors.
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