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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 1 day ago
$ 118,000
ROI
24.2
Cash Flow/m
146- 5 Bed
- 3 Bath
- 2066 sft
57423 10th St, Calumet, MI, 49913

Rental Income
$ 214,900
ROI
28.3
Cash Flow/m
509- 3 Bed
- 3 Bath
- 1368 sft
57594 Rockland St, Calumet, MI, 49913

$ 195,000
ROI
27.8
Cash Flow/m
434- 3 Bed
- 2 Bath
- 1717 sft
56199 Columbia St, Calumet, MI, 49913

Fix & Flip
$ 127,500
ROI
24.6
Cash Flow/m
172- 4 Bed
- 2 Bath
- 1536 sft
59096 Us Highway 41, 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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