Investment Properties for Sale in Eveleth, MN

$ 169,000
ROI
31.0
Cash Flow/m
527- 3 Bed
- 2 Bath
- 2292 sft
728 Fayal Rd, Eveleth, MN, 55734

$ 155,000
ROI
26.1
Cash Flow/m
272- 2 Bed
- 1 Bath
- 2073 sft
719 Garfield St, Eveleth, MN, 55734

$ 129,000
ROI
25.6
Cash Flow/m
211- 2 Bed
- 1 Bath
- 816 sft
711 Cleveland St, Eveleth, MN, 55734

$ 155,000
ROI
24.9
Cash Flow/m
220- 3 Bed
- 2 Bath
- 1369 sft
140 2nd St N, Eveleth, MN, 55734
Why Invest in Eveleth, Minnesota?
Investing in Eveleth, MN offers a unique opportunity in a small city with stable rental markets and moderate appreciation. Local investors benefit from average rental yields of around 7%, a cap rate near 6%, and consistent cash flows. The community's renter-occupied rate near 40% reflects a balanced demand for housing. Economic ties to mining and healthcare sectors support employment growth. These factors make Eveleth appealing for conservative real estate investors seeking steady returns.
6.5%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
1.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Eveleth is approximately 7%, making it a solid option for rental property investors seeking steady income.
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