Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Hermantown, MN
Fix & Flip
$ 129,900
ROI
25.0
Cash Flow/m
189- 3 Bed
- 3 Bath
- 1910 sft
2603 5th Ave E, Hermantown, MN, 55746
$ 101,000
ROI
25.7Cash Flow/m
167- 3 Bed
- 2 Bath
- 1216 sft
5082 Boulder Dr, Hermantown, MN, 55811
$ 186,716
ROI
25.9Cash Flow/m
317- 3 Bed
- 2 Bath
- 1604 sft
Schult Roosevelt Plan, Duluth Minnesota, Hermantown, MN, 55811
$ 133,298
ROI
25.6Cash Flow/m
218- 3 Bed
- 3 Bath
- 1304 sft
Johnny B Goode Plan, Duluth Minnesota, Hermantown, MN, 55811
Why Invest in Hermantown, Minnesota?
Investing in Hermantown, MN properties under $200k offers a unique opportunity to tap into an affordable and stable real estate market. This city benefits from steady rental demand with an average rental yield of 6.2%, cap rates around 7.1%, and a growing renter-occupied population of 35%. Investors can expect an average ROI of 8.5% and consistent appreciation at 2.4%, supported by moderate average rents of $900 and healthy cash flow metrics.
8.5%
Avg. ROI
6.2%
Rental Yield
7.1%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.4%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Hermantown typically offer a rental yield around 6.2%, making them attractive for income-focused investors.
Find Your Perfect Investment Property in Hermantown, Minnesota
Explore investment opportunities by strategy, performance, or property type
