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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Ironwood, MI
$ 115,000
ROI
20.4
Cash Flow/m
22- 2 Bed
- 1 Bath
- 840 sft
5251 E Sunset Rd, Ironwood, MI, 49938
$ 229,000
ROI
21.9Cash Flow/m
135- 2 Bed
- 3 Bath
- 1853 sft
917 N Hemlock St, Ironwood, MI, 49938
$ 135,000
ROI
24.0Cash Flow/m
160- 4 Bed
- 2 Bath
- 1456 sft
203 W Francis St, Ironwood, MI, 49938
$ 148,900
ROI
29.9Cash Flow/m
420- 2 Bed
- 1 Bath
- 917 sft
229 Evans 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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