Investment Properties Under $300K in Hibbing, MN | Ziffy.ai
Save Search
Filters Applied
Edit
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $300K Investment Properties for Sale in Hibbing, MN

Why Invest in Hibbing, Minnesota?

Investing in Hibbing, MN properties under $300k offers an affordable entry into a stable market with solid rental demand. With an average ROI of 7.5% and a rental yield of 8.2%, investors can capitalize on consistent cash flow and rising appreciation near 2.8%. The cap rate holds steady at 6.5%, reflecting strong income potential in this northern Minnesota city. Hibbing's renter-occupied rate of 62% ensures a steady tenant pool, making it attractive for investors seeking value and growth.

7.5%
Avg. ROI
8.2%
Rental Yield
6.5%
Cap Rate
$850/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.8%
1Y Appreciation

Frequently Asked Questions

The average rental yield for properties under $300k in Hibbing is approximately 8.2%, reflecting healthy rental income relative to purchase price.

Find Your Perfect Investment Property in Hibbing, Minnesota

Explore investment opportunities by strategy, performance, or property type

AI