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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 6 days ago
$ 128,000
ROI
24.0
Cash Flow/m
150- 2 Bed
- 1 Bath
- 980 sft
16219 Mission Rd, Baraga, MI, 49908
$ 163,000
ROI
23.8Cash Flow/m
184- 4 Bed
- 2 Bath
- 1786 sft
515 Bowling Ave, Baraga, MI, 49908
Fix & Flip
$ 230,000
ROI
27.3Cash Flow/m
484- 3 Bed
- 3 Bath
- 1936 sft
16237 McGillan St, Baraga, MI, 49908
$ 159,000
ROI
24.1Cash Flow/m
190- 2 Bed
- 2 Bath
- 1776 sft
115 N Superior Ave, 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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