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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Babbitt, MN

$ 250,000
ROI
22.6
Cash Flow/m
198- 3 Bed
- 1 Bath
- 1248 sft
8557 Highway 21 N, Babbitt, MN, 55706

$ 135,000
ROI
25.8
Cash Flow/m
226- 2 Bed
- 1 Bath
- 1728 sft
61 Birch Blvd, Babbitt, MN, 55706

$ 165,200
ROI
25.9
Cash Flow/m
280- 2 Bed
- 2 Bath
- 972 sft
16 Fir Circle, Babbitt, MN, 55706

$ 169,000
ROI
24.6
Cash Flow/m
227- 3 Bed
- 2 Bath
- 2720 sft
50 Cypress Dr, Babbitt, MN, 55706
Why Invest in Babbitt, Minnesota?
Investing in Babbitt, MN under $500k offers a promising opportunity for real estate investors seeking affordable properties with stable returns. The area shows an average ROI of 7%, supported by a rental yield of 8% and a cap rate of 6.5%. With average cash flow around $400 per property and increasing appreciation at 3%, Babbitt is attractive for generating steady rental income. The renter-occupied rate of 35% indicates healthy demand in the local rental market.
7%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$400/mo
Avg. Cash Flow
$800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Yes, investing in Babbitt under $500k can be profitable with an average ROI of 7% and stable rental demand supporting strong cash flow.
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