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

Investment Properties for Sale in Iron Mountain, MI

Property at 930 6th St, Iron Mountain, MI
Listed for sale 3 days ago
$ 230,000
ROI
29.4ROI percentage
Cash Flow/m
Dollar sign614
  • 3 Bed
  • 2 Bath
  • 1572 sft
930 6th St, Iron Mountain, MI, 49801
Property at W Frank Pipp Dr, Iron mountain, MI
$ 199,900
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign209
  • - Bed
  • - Bath
  • - sft
W Frank Pipp Dr, Iron mountain, MI, 49801
Property at W7990 Herzog Rd, Iron Mountain, MI
$ 235,000
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign190
  • 2 Bed
  • 2 Bath
  • 900 sft
W7990 Herzog Rd, Iron Mountain, MI, 49801
Property at 948 E H St, Iron Mountain, MI
$ 269,900
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign77
  • 3 Bed
  • 3 Bath
  • 1975 sft
948 E H St, Iron Mountain, MI, 49801

Why Invest in Iron Mountain, Michigan?

Investing in Iron Mountain, MI offers unique opportunities in a stable small city market. The area features average rental yields around 7%, cap rates near 6.5%, and steady appreciation rates of 2-3% annually. Investors benefit from consistent cash flow with average rents around $850 monthly and a renter occupancy rate close to 55%. This Midwest locale's economic base supports reliable growth for residential investments.

8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation

Frequently Asked Questions

The typical rental yield in Iron Mountain is around 7%, making it an attractive market for income-focused real estate investors.

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