High ROI 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 high-ROI real estate opportunities in Ironwood, MI, offers a promising chance to capitalize on steady rental income and property appreciation. The area shows an average ROI of 7.2%, supported by a rental yield of 6.1% and a cap rate of 5.4%. Average cash flow remains positive at around $1,100 monthly, with average rent near $850. With a renter-occupied rate of 65%, Ironwood presents a solid market for investors seeking both growth potential and stable returns.
7.2%
Avg. ROI
6.1%
Rental Yield
5.4%
Cap Rate
$1100/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Ironwood is approximately 6.1%, making it an attractive market for rental property investors.
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