High Rental Yield Investment Properties for Sale in Escanaba, MI
Listed for sale 1 day ago
$ 172,500
ROI
24.5
Cash Flow/m
226- 3 Bed
- 1 Bath
- 1056 sft
2720 7th Pl, Escanaba, MI, 49829
Listed for sale 6 days ago
$ 135,000
ROI
23.1Cash Flow/m
126- 3 Bed
- 2 Bath
- 1120 sft
1010 5th Ave S, Escanaba, MI, 49829
Listed for sale 7 days ago
$ 165,000
ROI
23.0Cash Flow/m
151- 3 Bed
- 2 Bath
- 1612 sft
1810 N 11th St, Escanaba, MI, 49829
$ 290,000
ROI
31.1Cash Flow/m
920- 4 Bed
- 2 Bath
- 1831 sft
4615 Jason 16.8 Dr, Escanaba, MI, 49829
Why Invest in Escanaba, Michigan?
Investing in high rental yield properties in Escanaba, MI allows investors to capitalize on stable returns in a growing market. With rental yields averaging around 8%, combined with an average cash flow of $750 per unit, Escanaba offers promising opportunities especially in multifamily segments. The area's cap rate of 7.2% and annual appreciation near 3% reflect a balanced investment climate. Renters occupy approximately 60% of housing units, indicating steady demand supported by local labor markets.
9.5%
Avg. ROI
8%
Rental Yield
7.2%
Cap Rate
$750/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Escanaba is approximately 8%, making it an attractive location for real estate investors seeking steady cash flow.
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