Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Calumet, MI
$ 480,000
ROI
27.7
Cash Flow/m
1065- 14 Bed
- 9 Bath
- 9014 sft
25703 Scott St, Calumet, MI, 49913
$ 124,500
ROI
75.6Cash Flow/m
1934- 4 Bed
- 2 Bath
- 2036 sft
316 & 318 Osceola St, Calumet, MI, 49913
$ 237,000
ROI
21.1Cash Flow/m
91- 12 Bed
- - Bath
- 11790 sft
613 Oak St, Calumet, MI, 49913
$ 139,000
ROI
33.9Cash Flow/m
546- 6 Bed
- 3 Bath
- 3174 sft
420-422 7th St, Calumet, MI, 49913
Why Invest in Calumet, Michigan?
Investing in multifamily properties in Calumet, MI offers steady returns with a cap rate around 6%. This area offers an average ROI of 7% fueled by affordable average rent prices near $850 and a rental yield of approximately 8%. With renter-occupied units at nearly 65%, the market supports consistent cash flow and appreciation potential. Local economic trends indicate growth driven by small industries and community development efforts, making multifamily investments attractive.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$600/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for multifamily properties in Calumet is approximately 8%, reflecting steady rental prices and moderate demand.
Find Your Perfect Investment Property in Calumet, Michigan
Explore investment opportunities by strategy, performance, or property type
