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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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
28.3Cash Flow/m
509- 3 Bed
- 3 Bath
- 1368 sft
57594 Rockland St, Calumet, MI, 49913
$ 195,000
ROI
27.8Cash Flow/m
434- 3 Bed
- 2 Bath
- 1717 sft
56199 Columbia 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
Why Invest in Calumet, Michigan?
Investing in single-family homes in Calumet, MI offers a unique opportunity to tap into a resilient local market. With a strong rental demand and attractive cap rates around 8%, investors can expect solid cash flow and appreciation potential. The average cash flow is approximately $250 monthly, supported by steady rental yields near 7%. Local employment growth and housing affordability also make Calumet appealing for long-term investment.
7.5%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$250/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Calumet is about 7%, reflecting solid rental incomes relative to property values.
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