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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
$ 145,000
ROI
30.1
Cash Flow/m
419- 2 Bed
- 1 Bath
- 832 sft
1006 Stephenson Ave, Escanaba, MI, 49829
Listed for sale 2 days ago
$ 222,000
ROI
21.1Cash Flow/m
81- 4 Bed
- 3 Bath
- 2845 sft
705 S 10th St, Escanaba, MI, 49829
Listed for sale 4 days ago
$ 159,500
ROI
24.1Cash Flow/m
193- 3 Bed
- 1 Bath
- 1230 sft
1016 10th Ave S, Escanaba, MI, 49829
$ 150,000
ROI
23.7Cash Flow/m
164- 4 Bed
- 2 Bath
- 1370 sft
1209 Washington Ave, 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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