Under $200K Investment Properties for Sale in Hibbing, MN

Listed for sale 1 day ago
$ 159,900
ROI
25.5
Cash Flow/m
257- 4 Bed
- 2 Bath
- 1376 sft
2303 2nd Ave E, Hibbing, MN, 55746

Listed for sale 6 days ago
$ 179,900
ROI
21.3
Cash Flow/m
77- 2 Bed
- 1 Bath
- 956 sft
3753 Elynwood Rd, Hibbing, MN, 55746

Listed for sale 7 days ago
$ 156,000
ROI
25.3
Cash Flow/m
240- 4 Bed
- 2 Bath
- 1520 sft
3601 3rd Ave W, Hibbing, MN, 55746

Listed for sale 7 days ago
$ 139,000
ROI
24.4
Cash Flow/m
179- 2 Bed
- 1 Bath
- 1151 sft
3813 3rd Ave W, Hibbing, MN, 55746
Why Invest in Hibbing, Minnesota?
Investing in Hibbing, MN properties under $200k offers a unique opportunity to tap into a stable rental market with solid appreciation potential. With an average ROI of 7.5%, investors benefit from a rental yield of 8.2% and cap rates near 6.5%. The local economy is supported by key employers such as US Steel and the Hibbing Taconite Mine, fostering steady employment growth. Affordable pricing and increasing renter occupancy around 62% highlight Hibbing’s appeal for long-term cash flow generation in Minnesota.
7.5%
Avg. ROI
8.2%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$750/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties priced under $200k in Hibbing is approximately 8.2%, making it attractive for rental income investors.
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