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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Iron River, MI
Listed for sale 2 days ago
$ 169,900
ROI
23.8
Cash Flow/m
192- 3 Bed
- 2 Bath
- 1260 sft
3386 Us Highway 2, Iron River, MI, 49935
$ 159,900
ROI
30.8Cash Flow/m
491- 3 Bed
- 2 Bath
- 1452 sft
221 W Division St, Iron river, MI, 49935
Listed for sale 6 days ago
$ 109,000
ROI
23.6Cash Flow/m
115- 2 Bed
- 1 Bath
- 823 sft
140 Caspian Cutoff Rd, Iron River, MI, 49935
$ 259,900
ROI
25.0Cash Flow/m
381- 3 Bed
- 2 Bath
- 1250 sft
1669 Kofmehl Rd, Iron River, MI, 49935
Why Invest in Iron River, Michigan?
Investing in high rental yield properties in Iron River, MI offers attractive returns driven by affordable real estate prices and stable tenant demand. This area’s rental yield and cap rates outperform many urban markets, making it an ideal choice for income-focused investors. Current metrics show average rental yields around 9%, cap rates near 7%, and consistent cash flow. Appreciation remains steady, supported by local economic growth and housing demand trends.
8.5%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$650/mo
Avg. Cash Flow
$750/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Iron River offers affordable property prices with strong rental demand and favorable cap rates near 7%, making it attractive for investors focused on rental income and steady cash flow.
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