Investment Properties for Sale in Mountain Iron, MN
Listed for sale 1 day ago
$ 279,000
ROI
25.3
Cash Flow/m
431- 3 Bed
- 2 Bath
- 1687 sft
8388 Balsam Dr, Mountain Iron, MN, 55768
$ 162,000
ROI
25.4Cash Flow/m
253- 3 Bed
- 2 Bath
- 1216 sft
8776 Merritt Pl, Mountain Iron, MN, 55768
Fix & Flip
$ 140,000
ROI
24.8Cash Flow/m
197- 3 Bed
- 2 Bath
- 1606 sft
8785 Mud Lake Rd, Mountain Iron, MN, 55768
$ 129,000
ROI
26.5Cash Flow/m
242- 6 Bed
- 1 Bath
- 2800 sft
5707 Marble Ave, 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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