Under $300K Investment Properties for Sale in Iron, MN
Listed for sale 7 days ago
$ 108,900
ROI
26.0
Cash Flow/m
190- 3 Bed
- 2 Bath
- 984 sft
8739 3rd St S, Iron, MN, 55751
$ 159,000
ROI
25.2Cash Flow/m
241- 3 Bed
- 2 Bath
- 1056 sft
9421 Iron Junction Rd, Iron, MN, 55751
$ 294,500
ROI
26.0Cash Flow/m
515- 3 Bed
- 2 Bath
- 1392 sft
8783 Iron Junction Rd, Iron, MN, 55751
$ 169,900
ROI
25.4Cash Flow/m
267- 3 Bed
- 2 Bath
- 2172 sft
9378 Highway 37, Iron, MN, 55751
Why Invest in Iron, Minnesota?
Investing in properties under $300k in Iron, MN offers a unique opportunity to enter a stable market with steady appreciation and solid rental yields. This affordable segment supports an average rental yield of 6.5% and an average ROI near 7%. Cap rates hover around 5.8%, indicative of healthy cash flow potential in this area. Renter occupancy remains robust at approximately 72%, underlining consistent demand for rentals in Iron's growing community.
7%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$650/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties priced under $300k in Iron, MN is approximately 6.5%, reflecting healthy returns for investors in this market segment.
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