Fix And Flip Investment Properties for Sale in Calumet, MI
Fix & Flip
Airbnb Potential
$ 120,000
ROI
24.5
Cash Flow/m
158- 4 Bed
- 2 Bath
- - sft
804 Elm St, Calumet, MI, 49913
Fix & Flip
$ 118,500
ROI
24.1Cash Flow/m
143- 4 Bed
- 1 Bath
- 2500 sft
56944 Rockland St, Calumet, MI, 49913
Fix & Flip
$ 127,500
ROI
24.6Cash Flow/m
172- 4 Bed
- 2 Bath
- 1536 sft
59096 Us Highway 41, Calumet, MI, 49913
Fix & Flip
$ 169,000
ROI
28.1Cash Flow/m
393- 2 Bed
- 1 Bath
- 870 sft
54866 Tecumseh Rd, Calumet, MI, 49913
Why Invest in Calumet, Michigan?
Investing in fix and flip properties in Calumet, MI offers a strategic opportunity to capitalize on improving local market conditions. The area boasts an average ROI of 12%, supported by a rental yield of 8% and a cap rate of 7%. Average cash flow of $800 and rising appreciation rates near 3.5% make it an appealing choice. Furthermore, about 60% of homes are renter-occupied, indicating steady rental demand. This market balance provides a solid foundation for investors focusing on value-add real estate.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$800/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for fix and flip projects in Calumet is about 12%, making it a viable market for investors seeking moderate returns.
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