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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Iron Mountain, MI
Fix & Flip
$ 129,900
ROI
24.8
Cash Flow/m
181- 4 Bed
- 2 Bath
- 1500 sft
205 Iron Mountain St, Iron Mountain, MI, 49801
Fix & Flip
$ 112,900
ROI
24.4Cash Flow/m
145- 3 Bed
- 1 Bath
- 896 sft
515 7th St, Iron Mountain, MI, 49801
Fix & Flip
$ 105,000
ROI
23.8Cash Flow/m
117- 4 Bed
- 2 Bath
- 1228 sft
904 W A St, Iron Mountain, MI, 49801
Fix & Flip
$ 129,000
ROI
23.9Cash Flow/m
149- 3 Bed
- 2 Bath
- 1536 sft
524 Detroit Ave, Iron Mountain, MI, 49801
Why Invest in Iron Mountain, Michigan?
Investing in fix and flip properties in Iron Mountain, MI offers a unique opportunity to capitalize on affordable housing prices and a stable local economy. The market benefits from an average cap rate of 8.2%, a healthy rental yield of 7.5%, and an average ROI around 12%. With steady renter occupancy at about 65%, properties here promise consistent cash flow. Appreciation rates average 3.5% annually, indicating steady growth potential.
12%
Avg. ROI
7.5%
Rental Yield
8.2%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average return on investment for fix and flip properties in Iron Mountain is around 12%, driven by affordable purchase prices and solid rental demand.
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