Fix And Flip Investment Properties for Sale in Hermantown, MN
421- 2 Bed
- 2 Bath
- 1675 sft
189- 3 Bed
- 3 Bath
- 1910 sft
174- 3 Bed
- 1 Bath
- 1684 sft
180- 2 Bed
- 2 Bath
- 1330 sft
- 1 Bed
- 1 Bath
- 650 sft
-- 3 Bed
- 2 Bath
- 1358 sft
151- 3 Bed
- 2 Bath
- 1456 sft
151- 3 Bed
- 1 Bath
- 680 sft
172- 3 Bed
- 3 Bath
- 1900 sft
-- 3 Bed
- 1 Bath
- 2157 sft
133- 3 Bed
- 2 Bath
- 1296 sft
- 1 Bed
- 1 Bath
- 568 sft
167- - Bed
- - Bath
- 640 sft
419- 4 Bed
- 3 Bath
- 2760 sft
172- 3 Bed
- 2 Bath
- 1216 sft
- 1 Bed
- 1 Bath
- 700 sft
160- 3 Bed
- 2 Bath
- 1244 sft
129- 3 Bed
- 2 Bath
- 1296 sft
156- 2 Bed
- 1 Bath
- 880 sft
306- 1 Bed
- 1 Bath
- 224 sft
129- 1 Bed
- - Bath
- 1440 sft
174- 2 Bed
- 1 Bath
- - sft
- - Bed
- 1 Bath
- 435 sft
170- 4 Bed
- 2 Bath
- 1615 sft
134- 3 Bed
- 2 Bath
- 1148 sft
159- 2 Bed
- 1 Bath
- 1056 sft
Why Invest in Hermantown, Minnesota?
Investing in fix and flip properties in Hermantown, MN offers solid opportunities in the Twin Ports area. This niche investment benefits from a local average ROI of 8.5%, supported by a steady 6% rental yield. The cap rate stands at a healthy 5%, reflecting the area's stable real estate market. Investors can expect average cash flows around $1,200 monthly with average rents near $1,000, alongside a moderate 2.3% appreciation rate. About 55% of homes are renter-occupied, signaling good demand for upgraded housing options.
Frequently Asked Questions
The average ROI for fix and flip properties in Hermantown is about 8.5%, reflecting a stable local market with good rental demand and moderate appreciation.
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