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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Ironwood, MI
Listed for sale 5 days ago
$ 199,000
ROI
25.5
Cash Flow/m
315- 3 Bed
- 2 Bath
- 1530 sft
402 Lake Ave, Ironwood, MI, 49938
Airbnb Potential
Rental Income
Listed for sale 5 days ago
$ 138,900
ROI
27.5Cash Flow/m
297- 2 Bed
- 1 Bath
- 869 sft
110 W Francis St, Ironwood, MI, 49938
Listed for sale 7 days ago
$ 119,900
ROI
24.1Cash Flow/m
145- 3 Bed
- 1 Bath
- 1105 sft
111 E Ash St, Ironwood, MI, 49938
$ 119,000
ROI
23.2Cash Flow/m
113- 3 Bed
- 1 Bath
- 1493 sft
150 W Arch St, Ironwood, MI, 49938
Why Invest in Ironwood, Michigan?
Investing in Ironwood, MI offers a unique opportunity to capitalize on a stable rental market combined with moderate appreciation rates. The area's solid cap rates and average cash flow attract investors seeking consistent returns. With a rental yield above 8%, Ironwood stands out for investors targeting residential properties in smaller cities. Consider the benefits of Ironwood's affordable average rent, which supports high renter occupancy and provides a more secure investment environment.
7.5%
Avg. ROI
8.2%
Rental Yield
6.5%
Cap Rate
$850/mo
Avg. Cash Flow
$780/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average ROI in Ironwood is approximately 7.5%, driven by strong rental yields and moderate property appreciation.
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