Single Family Investment Properties for Sale in Hermantown, MN
Listed for sale 7 days ago
$ 715,000
ROI
21.0
Cash Flow/m
195- 3 Bed
- 2 Bath
- 2330 sft
4889 Peyton Dr, Hermantown, MN, 55811
$ 325,000
ROI
30.6Cash Flow/m
977- 4 Bed
- 2 Bath
- 1720 sft
4724 Anderson Rd, Hermantown, MN, 55811
$ 640,000
ROI
26.3Cash Flow/m
1101- 3 Bed
- 3 Bath
- 2816 sft
4378 Ugstad Rd, Hermantown, MN, 55811
$ 209,900
ROI
30.2Cash Flow/m
609- 2 Bed
- 2 Bath
- 1001 sft
4738 Morris Thomas Rd, Hermantown, MN, 55811
Why Invest in Hermantown, Minnesota?
Investing in single-family homes in Hermantown, MN offers stable rental yields and moderate appreciation potential. This market features an average ROI of around 7%, with cap rates favorable for steady cash flow investors. The area's renter occupancy remains strong, supporting consistent rental income. Hermantown's growing population and proximity to Duluth enhance its investment appeal, especially for those targeting single-family properties.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Hermantown is approximately 6%, supported by stable rental demand and moderate rental rate growth.
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