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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Escanaba, MI
Currently Rented
Rental Income
$ 275,000
ROI
27.5
Cash Flow/m
589- 4 Bed
- 4 Bath
- 2485 sft
517 S 9th St, 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
Currently Rented
$ 125,000
ROI
28.2Cash Flow/m
293- 4 Bed
- 2 Bath
- 1524 sft
311 S 9th St, Escanaba, MI, 49829
$ 105,000
ROI
32.1Cash Flow/m
361- 5 Bed
- 2 Bath
- 1120 sft
314 N 11th St, Escanaba, MI, 49829
Why Invest in Escanaba, Michigan?
Investing in multi-family properties in Escanaba, MI offers a unique opportunity to tap into a growing rental market with stable demand. The area shows an average ROI of 7%, supported by a steady rental yield of 6%. Cap rates average 6.5%, indicating strong income potential. With average cash flow around $1,200 per unit and consistent appreciation near 2%, Escanaba is an attractive market for investors seeking moderate risk and reliable returns.
7%
Avg. ROI
6%
Rental Yield
6.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$800/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average ROI for multi-family properties in Escanaba is about 7%, reflecting strong rental demand and stable market fundamentals.
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