Investment Properties for Sale in Ironwood, MI
Listed for sale 7 days ago
$ 149,000
ROI
22.3
Cash Flow/m
107- 2 Bed
- 1 Bath
- 942 sft
420 N Hemlock St, Ironwood, MI, 49938
$ 139,900
ROI
31.2Cash Flow/m
444- 3 Bed
- 2 Bath
- 1282 sft
707 Van Buskirk Rd, Ironwood, MI, 49938
$ 279,000
ROI
25.1Cash Flow/m
415- 2 Bed
- 1 Bath
- 1280 sft
501 Southrange Rd, Ironwood, MI, 49938
$ 149,900
ROI
22.5Cash Flow/m
115- 3 Bed
- 2 Bath
- 1360 sft
612 Kennedy 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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