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

Listed for sale 4 days ago
$ 479,900
ROI
25.2
Cash Flow/m
724- 5 Bed
- 4 Bath
- 3879 sft
509 16th Ave W, Eveleth, MN, 55734

$ 275,000
ROI
24.8
Cash Flow/m
383- 2 Bed
- 3 Bath
- 1543 sft
2574 Leroy Rd, Eveleth, MN, 55734

$ 305,000
ROI
22.6
Cash Flow/m
240- 4 Bed
- 4 Bath
- 2621 sft
1100 Jones St, Eveleth, MN, 55734

$ 124,900
ROI
26.6
Cash Flow/m
236- 3 Bed
- 2 Bath
- 1124 sft
722 Summit St, Eveleth, MN, 55734
Why Invest in Eveleth, Minnesota?
Investing in Eveleth, MN offers promising opportunities with high ROI properties attracting investors focused on reliable rental income. This area features an average ROI of 8.5%, complemented by strong rental yields around 7.0%. Cap rates hold steadily at 6.5%, offering solid cash flow for multifamily and single-family investments alike. With an average rent of $900 and moderate appreciation rates, Eveleth is appealing for long-term rental strategies in Minnesota's Iron Range region.
8.5%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Eveleth is approximately 7.0%, reflecting steady rental income potential for investors in this market.
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