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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family 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 single-family homes in Ironwood, MI offers potential steady cash flow and solid appreciation in a growing market. This filter-specific approach highlights attractive rental yields averaging 7%, cap rates near 6%, and an average ROI around 8%. Increasing renter occupancy rates and moderate average rents contribute to a favorable investment climate. These factors, combined with affordable entry points, make Ironwood a promising location for real estate investors seeking stability and growth.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Ironwood is approximately 7%, making it a solid choice for income-focused investors.
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