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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Ironwood, MI
Currently Rented
Rental Income
Listed for sale 1 day ago
$ 119,900
ROI
37.8
Cash Flow/m
603- 4 Bed
- 4 Bath
- 1434 sft
208 Greenbush St, Ironwood, MI, 49938
Listed for sale 2 days ago
$ 154,900
ROI
27.0Cash Flow/m
311- 3 Bed
- 1 Bath
- 1456 sft
143 E Francis St, Ironwood, MI, 49938
Rental Income
$ 159,900
ROI
20.8Cash Flow/m
46- 5 Bed
- 3 Bath
- 1535 sft
301 W Larch St, Ironwood, MI, 49938
$ 216,500
ROI
20.5Cash Flow/m
47- 4 Bed
- 2 Bath
- 1568 sft
1028 Douglas Blvd, 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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