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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Hibbing, MN
Listed for sale 1 day ago
$ 119,000
ROI
26.1
Cash Flow/m
211- 3 Bed
- 2 Bath
- 1258 sft
1427 E 39th St, Hibbing, MN, 55746
Listed for sale 2 days ago
$ 170,000
ROI
22.7Cash Flow/m
138- 3 Bed
- 1 Bath
- 1812 sft
3001 3rd Ave W, Hibbing, MN, 55746
Listed for sale 7 days ago
$ 116,400
ROI
24.4Cash Flow/m
150- 2 Bed
- 2 Bath
- 1168 sft
2219 6th Ave E, Hibbing, MN, 55746
$ 119,000
ROI
24.6Cash Flow/m
162- 2 Bed
- 1 Bath
- 1536 sft
4022 Stuntz Dr, Hibbing, MN, 55746
Why Invest in Hibbing, Minnesota?
Investing in Hibbing, MN offers unique opportunities in a recovering local economy. With an average ROI of 7.2%, rental yields around 6.5%, and cap rates near 6%, investors can benefit from steady cash flow and moderate appreciation of 2.5%. The renter-occupied rate of 48% illustrates a strong rental market supported by local industries and affordable housing. The average rent in Hibbing is roughly $850, making it attractive for tenants and investors alike.
7.2%
Avg. ROI
6.5%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Yes, Hibbing offers attractive investment opportunities with solid rental yield and cap rates, affordable property prices, and a stable local economy.
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