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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Escanaba, MI
Listed for sale 1 day ago
$ 199,000
ROI
24.0
Cash Flow/m
235- 5 Bed
- 3 Bath
- 2361 sft
1400 3rd Ave S, Escanaba, MI, 49829
Listed for sale 2 days ago
$ 188,000
ROI
30.9Cash Flow/m
584- 4 Bed
- 2 Bath
- 1509 sft
511 N 20th St, Escanaba, MI, 49829
Listed for sale 2 days ago
$ 154,900
ROI
29.9Cash Flow/m
438- 2 Bed
- 1 Bath
- 1099 sft
722 S 16th St, Escanaba, MI, 49829
$ 155,000
ROI
37.8Cash Flow/m
777- 4 Bed
- 2 Bath
- 1490 sft
105 N 19th St, Escanaba, MI, 49829
Why Invest in Escanaba, Michigan?
Investing in Escanaba, MI offers opportunities in diverse real estate sectors including residential and commercial properties. With a solid average rental yield and steady appreciation rates, Escanaba benefits from regional economic stability. The city's rental market shows consistent demand with a growing renter-occupied segment. Cap rates remain attractive for investors seeking moderate cash flow with balanced risk. These metrics make Escanaba an appealing market for smart investment decisions in Michigan's Upper Peninsula.
7.5%
Avg. ROI
8.2%
Rental Yield
6.5%
Cap Rate
$300/mo
Avg. Cash Flow
$750/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Escanaba is approximately 8.2%, making it a competitive market for rental property investors.
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