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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 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
24.6Cash Flow/m
268- 5 Bed
- 3 Bath
- 2553 sft
25679 Temple St, Calumet, MI, 49913
$ 150,000
ROI
24.4Cash Flow/m
192- 2 Bed
- 1 Bath
- 1482 sft
58755 Us Highway 41, Calumet, MI, 49913
$ 190,000
ROI
23.4Cash Flow/m
191- 3 Bed
- 2 Bath
- 1578 sft
25998 Depot St, 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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