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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Hermantown, MN
Listed for sale 1 day ago
$ 389,900
ROI
23.4
Cash Flow/m
400- 3 Bed
- 2 Bath
- 2005 sft
3727 Stebner Rd, Hermantown, MN, 55811
Listed for sale 3 days ago
$ 410,000
ROI
24.5Cash Flow/m
547- 3 Bed
- 2 Bath
- 1994 sft
5401 Morris Thomas Rd, Hermantown, MN, 55810
Listed for sale 6 days ago
$ 349,900
ROI
22.2Cash Flow/m
241- 3 Bed
- 2 Bath
- 2037 sft
4021 Haines Rd, Hermantown, MN, 55811
$ 314,900
ROI
21.9Cash Flow/m
186- 3 Bed
- 2 Bath
- 1596 sft
3587 Stebner Rd, Hermantown, MN, 55811
Why Invest in Hermantown, Minnesota?
Investing in Hermantown, MN properties under $500K offers a strategic entry point into a stable market with growing rental demand. This segment provides solid rental yields around 8%, with average cash flows near $600 monthly. Appreciation rates remain favorable at approximately 3.5% annually. Cap rates average 7%, making it appealing for investors targeting steady income and moderate growth in a family-friendly community.
7.5%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$600/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500K in Hermantown is approximately 8%, offering attractive returns for investors.
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