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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

$ 219,000
ROI
20.9
Cash Flow/m
71- 5 Bed
- 3 Bath
- 1986 sft
210 N 13th St, Escanaba, MI, 49829

$ 259,000
ROI
32.3
Cash Flow/m
902- 6 Bed
- 5 Bath
- 2284 sft
321 S 13th St, Escanaba, MI, 49829

$ 225,000
ROI
27.3
Cash Flow/m
475- 5 Bed
- 1 Bath
- 1999 sft
1725 1st Ave S, Escanaba, MI, 49829

$ 149,000
ROI
33.1
Cash Flow/m
554- 4 Bed
- 2 Bath
- 1345 sft
514-516 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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