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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield 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 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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