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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Baraga, MI
Listed for sale 2 days ago
$ 194,500
ROI
27.6
Cash Flow/m
426- 3 Bed
- 1 Bath
- 1521 sft
404 Bowling Ave, Baraga, MI, 49908
$ 235,000
ROI
23.5Cash Flow/m
243- 4 Bed
- 1 Bath
- 1435 sft
13926 Jurmu Rd, Baraga, MI, 49908
$ 100,000
ROI
54.9Cash Flow/m
977- 3 Bed
- 1 Bath
- 1310 sft
205 N Superior Ave, Baraga, MI, 49908
$ 120,500
ROI
31.4Cash Flow/m
391- 3 Bed
- 1 Bath
- 1232 sft
215 Main St, Baraga, MI, 49908
Why Invest in Baraga, Michigan?
Investing in Baraga, MI offers unique opportunities in a market defined by steady rental yields and moderate appreciation. This city-level investment features an average ROI of 7.5%, supported by rental yields around 8% and cap rates near 7%. The average cash flow remains positive, while rent prices are affordable at roughly $850 per month, making it an attractive choice for investors seeking balanced growth and stable income streams in Michigan’s Upper Peninsula.
7.5%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Baraga, MI is approximately 8%, making it a favorable market for rental property investors seeking steady income.
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