Under $500K Investment Properties for Sale in Hermantown, MN
$ 325,000
ROI
30.6
Cash Flow/m
977- 4 Bed
- 2 Bath
- 1720 sft
4724 Anderson 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
$ 459,900
ROI
27.3Cash Flow/m
968- 3 Bed
- 2 Bath
- 2007 sft
3720 Alexander Rd, Hermantown, MN, 55811
$ 449,900
ROI
28.0Cash Flow/m
1031- 3 Bed
- 2 Bath
- 1737 sft
4820 Anderson 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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