Investment Properties for Sale in Calumet, MI

Listed for sale 1 day ago
$ 199,000
ROI
25.0
Cash Flow/m
288- 3 Bed
- 2 Bath
- 1441 sft
56966 Rockland St, Calumet, MI, 49913

Listed for sale 1 day ago
$ 179,000
ROI
23.4
Cash Flow/m
180- 4 Bed
- 2 Bath
- 1621 sft
25940 Elm St, Calumet, MI, 49913

Listed for sale 3 days ago
$ 215,000
ROI
20.1
Cash Flow/m
21- 3 Bed
- 1 Bath
- 1463 sft
54499 Cemetery Rd, Calumet, MI, 49913

Fix & Flip
Airbnb Potential
$ 120,000
ROI
24.5
Cash Flow/m
158- 4 Bed
- 2 Bath
- - sft
804 Elm 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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