Investment Properties for Sale in Iron, MN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Investment Properties for Sale in Iron, MN

Why Invest in Iron, Minnesota?

Iron Range in Minnesota offers a unique investment opportunity with a stable average ROI of 7%. The rental yield here hovers around 8%, making rental properties particularly attractive. Investors can expect a moderate cap rate near 6.5%, with average cash flow at $350 per unit monthly. The region benefits from a steady appreciation rate of 3%, supported by a renter-occupied rate of 42%. This area is especially appealing due to its historic mining economy and emerging diversification.

7%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Iron Range is about 8%, making it attractive for rental property investors. This reflects stable rental demand and moderate rental rates.

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