Under $300K 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
21.3Cash Flow/m
77- 2 Bed
- 1 Bath
- 956 sft
3753 Elynwood Rd, Hibbing, MN, 55746
Listed for sale 7 days ago
$ 156,000
ROI
25.3Cash Flow/m
240- 4 Bed
- 2 Bath
- 1520 sft
3601 3rd Ave W, Hibbing, MN, 55746
Listed for sale 7 days ago
$ 299,900
ROI
21.6Cash Flow/m
151- 5 Bed
- 3 Bath
- 3123 sft
3617 2nd Ave W, Hibbing, MN, 55746
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.
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