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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 1 day ago
$ 189,000
ROI
23.8
Cash Flow/m
210- 3 Bed
- 1 Bath
- 936 sft
170 Tamarack Lake Rd, 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 1 day ago
$ 149,900
ROI
23.5Cash Flow/m
154- 3 Bed
- 1 Bath
- 1046 sft
135 Hanmer Rd, Iron River, MI, 49935
Listed for sale 2 days ago
$ 134,000
ROI
23.4Cash Flow/m
136- 2 Bed
- 2 Bath
- 1104 sft
401 Amber St, Iron River, MI
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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