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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Calumet, MI

Listed for sale 4 days ago
$ 147,450
ROI
27.8
Cash Flow/m
331- 2 Bed
- 1 Bath
- 1513 sft
56902 Hecla St, Calumet, MI, 49913

Listed for sale 4 days ago
$ 194,900
ROI
27.9
Cash Flow/m
440- 1 Bed
- 1 Bath
- 1089 sft
25307 Dover Rd, Calumet, MI, 49913

Listed for sale 7 days ago
$ 195,000
ROI
27.6
Cash Flow/m
428- 2 Bed
- 2 Bath
- 1651 sft
25186 Ridge St, Calumet, MI, 49913

Rental Income
$ 149,900
ROI
24.8
Cash Flow/m
211- 3 Bed
- 1 Bath
- 865 sft
25614 Upper St, Calumet, MI, 49913
Why Invest in Calumet, Michigan?
Investing in Calumet, MI offers promising opportunities, particularly in the residential rental market. The area shows a moderate average ROI of 6.2%, supported by a rental yield of 7.5%. With an average cash flow of $350 per unit and a cap rate near 5.8%, investors can expect stable returns. Appreciation rates have been steady at 2.1%, reflecting steady economic growth and moderate renter occupancy of 56%. These factors make Calumet a solid choice for investors focused on long-term income generation and capital preservation.
6.2%
Avg. ROI
7.5%
Rental Yield
5.8%
Cap Rate
$350/mo
Avg. Cash Flow
$750/mo
Avg. Rent
2.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Calumet is approximately 7.5%, reflecting strong rental demand and steady income for investors.
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