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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Escanaba, MI
Fix & Flip
$ 125,000
ROI
23.2
Cash Flow/m
120- 2 Bed
- 1 Bath
- 1117 sft
1524 9th Ave S, Escanaba, MI, 49829
Fix & Flip
$ 136,500
ROI
23.1Cash Flow/m
128- 3 Bed
- 1 Bath
- 1790 sft
1020 7th Ave S, Escanaba, MI, 49829
Currently Rented
Fix & Flip
Rental Income
$ 148,000
ROI
34.8Cash Flow/m
622- 7 Bed
- 4 Bath
- 3236 sft
522 S 12th St, Escanaba, MI, 49829
Fix & Flip
$ 145,000
ROI
24.8Cash Flow/m
203- 3 Bed
- 1 Bath
- 1076 sft
4824 165th Ln, Escanaba, MI, 49829
Why Invest in Escanaba, Michigan?
Investing in fix and flip properties in Escanaba, MI offers opportunities driven by the city’s affordable housing market and steady appreciation rates. The average ROI for fix and flip projects hovers around 12%, supported by a cap rate of 7% and a rental yield near 9%. Escanaba’s average cash flow on rental properties is positive, aided by average rents of approximately $900 monthly. The renter-occupied rate is about 45%, indicating a healthy rental market to support flips and rentals alike.
12%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for fix and flip projects in Escanaba is about 12%, supported by competitive cap rates and stable rental yields.
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