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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Mountain Iron, MN
$ 279,900
ROI
23.5
Cash Flow/m
292- 3 Bed
- 4 Bath
- 2128 sft
5414 Park Dr, Mountain Iron, MN, 55768
$ 305,000
ROI
33.9Cash Flow/m
1203- 4 Bed
- 2 Bath
- 2621 sft
5450 Mineral Ave, Mountain Iron, MN, 55768
$ 155,000
ROI
22.9Cash Flow/m
135- 2 Bed
- 1 Bath
- 292 sft
3847 Gerzin Rd, Mountain Iron, MN, 55768
$ 469,000
ROI
23.6Cash Flow/m
497- 3 Bed
- 3 Bath
- 3052 sft
4961 Spirit 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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