Is Mountain Iron, MN a good place to invest in rental property?

Mountain Iron, MN has a median modeled monthly cash flow of $-774 and a median cap rate of 3.4%, on a median sold price of $230,000. Prices changed +0.7% year over year.

What is the average cap rate in Mountain Iron, MN?

The median cap rate across recently sold homes in Mountain Iron, MN is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Mountain Iron, MN?

The median sold price in Mountain Iron, MN is $230,000 (about $147 per square foot).

Investing in Mountain Iron, MN Real Estate

A data-driven snapshot of the Mountain Iron, MN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$230,000Median sold price

$147Median $/sqft

3.4%Median cap rate

$-774Modeled cash flow / mo

+0.7%Appreciation YoY

7.9Months of supply

25Active listings

38Sold (last 12 mo)

What the Mountain Iron numbers say

In Mountain Iron, MN, the median home sold for $230,000 (about $147 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-774 of monthly cash flow. Sold prices moved +0.7% over the past year. Inventory sits at about 7.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Minnesota markets to compare

See Mountain Iron cash-flowing listings

CashFlowRE ranks every for-sale home in Mountain Iron, MN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Mountain Iron deals, or browse the national market data.