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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 2 days ago
$ 239,000
ROI
26.2
Cash Flow/m
429- 4 Bed
- 2 Bath
- 1904 sft
58684 Water St, Calumet, MI, 49913

Listed for sale 7 days ago
$ 198,700
ROI
24.6
Cash Flow/m
268- 5 Bed
- 3 Bath
- 2553 sft
25679 Temple St, Calumet, MI, 49913

$ 150,000
ROI
24.4
Cash Flow/m
192- 2 Bed
- 1 Bath
- 1482 sft
58755 Us Highway 41, Calumet, MI, 49913

$ 190,000
ROI
23.4
Cash Flow/m
191- 3 Bed
- 2 Bath
- 1578 sft
25998 Depot 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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