Single Family Investment Properties for Sale in Mountain Iron, MN
Listed for sale 1 day ago
$ 279,000
ROI
25.7
Cash Flow/m
460- 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?
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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