Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Babbitt, MN
Listed for sale 6 days ago
$ 175,000
ROI
25.1
Cash Flow/m
260- 3 Bed
- 2 Bath
- 1172 sft
101 2nd Ave N, Babbitt, MN, 55708
$ 165,000
ROI
25.0Cash Flow/m
242- 3 Bed
- 2 Bath
- 1168 sft
44 Locust Dr, Babbitt, MN, 55706
$ 144,900
ROI
24.3Cash Flow/m
183- 3 Bed
- 2 Bath
- 1856 sft
47 Birch Blvd, Babbitt, MN, 55706
$ 179,900
ROI
31.7Cash Flow/m
599- 3 Bed
- 2 Bath
- 1470 sft
127 5th Ave S, Babbitt, MN, 55708
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.
Find Your Perfect Investment Property in Babbitt, Minnesota
Explore investment opportunities by strategy, performance, or property type
