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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
$ 284,900
ROI
21.6
Cash Flow/m
146- 6 Bed
- 2 Bath
- 2053 sft
104 Sleepy Hollow Way, Iron River, MI, 49935
$ 139,900
ROI
30.5Cash Flow/m
420- - Bed
- - Bath
- - sft
Sunset Lake Rd, Iron river, MI, 49935
Listed for sale 3 days ago
$ 135,000
ROI
31.9Cash Flow/m
456- 2 Bed
- 1 Bath
- 1248 sft
401 Amber St, Iron River, MI
Listed for sale 4 days ago
$ 119,500
ROI
23.9Cash Flow/m
136- 4 Bed
- 2 Bath
- 994 sft
314 Cherry St, 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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