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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Hermantown, MN
$ 194,900
ROI
26.2
Cash Flow/m
347- 1 Bed
- 1 Bath
- 1304 sft
3841 Haines Rd, Hermantown, MN, 55811
$ 126,500
ROI
24.8Cash Flow/m
178- 3 Bed
- 2 Bath
- 1120 sft
5081 Boulder Dr, Hermantown, MN, 55811
Fix & Flip
$ 129,900
ROI
25.0Cash 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
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.
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