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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI 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?
Investing in high ROI properties in Mountain Iron, MN offers promising returns with an average ROI of 8.2%. This area boasts a solid rental yield of 7.1%, supporting strong cash flow opportunities. The cap rate here is 6.5%, indicating healthy profit margins for investors. Average rent prices remain affordable near $900, driving high renter occupancy around 78%. Appreciation rates are steady at 3.2%, making it a favorable market for long-term gains.
8.2%
Avg. ROI
7.1%
Rental Yield
6.5%
Cap Rate
$650/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average ROI for real estate investments in Mountain Iron is approximately 8.2%, reflecting strong rental yields and steady appreciation.
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