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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Mountain Iron, MN
Listed for sale 6 days ago
$ 314,999
ROI
30.3
Cash Flow/m
927- 4 Bed
- 3 Bath
- 2251 sft
8780 Fairview Ln, Mountain Iron, MN, 55768
$ 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?
Investing in single-family homes in Mountain Iron, MN offers unique opportunities for steady rental income and potential appreciation. The local market features an average ROI of 7.2% with rental yields around 9.5%, making it attractive for investors focusing on residential properties. The area's cap rate stands at 6.8%, supported by consistent renter occupancy near 70%. Mountain Iron’s housing market benefits from stable demand driven by regional economic activity, making single-family investment a promising choice.
7.2%
Avg. ROI
9.5%
Rental Yield
6.8%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.4%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Mountain Iron is around 9.5%, reflecting solid rental income potential in this market.
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