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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Mountain Iron, MN
Listed for sale 5 days ago
$ 314,999
ROI
30.3
Cash Flow/m
927- 4 Bed
- 3 Bath
- 2251 sft
8780 Fairview Ln, Mountain Iron, MN, 55768
Listed for sale 7 days ago
$ 259,900
ROI
25.2Cash Flow/m
393- 3 Bed
- 2 Bath
- 1872 sft
5458 Garden Dr N, Mountain Iron, MN, 55768
$ 459,000
ROI
25.5Cash Flow/m
730- 3 Bed
- 3 Bath
- 2774 sft
5491 Cameo Ln, Mountain Iron, MN, 55768
$ 125,000
ROI
27.4Cash Flow/m
267- 2 Bed
- - Bath
- 602 sft
9572 Bonner Lake Rd, Mountain Iron, MN, 55768
Why Invest in Mountain Iron, Minnesota?
Mountain Iron, MN offers a unique investment opportunity with its stable rental yields and moderate cap rates. Investors seeking value in this city will appreciate an average ROI of 7.2% and steady rental occupancy around 89%. The local real estate market is supported by consistent job growth and a growing renter base. Appreciation rates of 3.5% annually indicate solid potential for long-term equity gains in Mountain Iron.
7.2%
Avg. ROI
8.1%
Rental Yield
6.5%
Cap Rate
$260/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI in Mountain Iron is approximately 7.2%, reflecting a stable and moderately growing market ideal for investors.
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