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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
$ 230,000
ROI
24.4
Cash Flow/m
299- 3 Bed
- 2 Bath
- 1772 sft
1121 N 16th St, Escanaba, MI, 49829
Listed for sale 5 days ago
$ 298,000
ROI
20.8Cash Flow/m
86- 3 Bed
- 3 Bath
- 3024 sft
1612 18th Ave S, Escanaba, MI, 49829
$ 165,000
ROI
24.8Cash Flow/m
232- 3 Bed
- 2 Bath
- 1324 sft
923 Washington Ave, Escanaba, MI, 49829
$ 170,000
ROI
26.7Cash Flow/m
330- 2 Bed
- 1 Bath
- 807 sft
612 S 15th 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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