Under $500K 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 with properties under $500k offers a unique opportunity to capitalize on an affordable market with solid rental yields. The average ROI stands at 7.5%, supported by a rental yield of 6.2% and a cap rate of 5.8%. Hibbing's average rent of $900 ensures consistent cash flow around $500 monthly. With modest appreciation rates around 2.5%, this market remains attractive for steady, long-term growth.
7.5%
Avg. ROI
6.2%
Rental Yield
5.8%
Cap Rate
$500/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Most properties under $500k in Hibbing are single-family homes and smaller multifamily units suitable for investors looking for affordable entry points.
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