Under $300K 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 Escanaba, MI with properties under $300k offers a unique opportunity for real estate investors seeking affordable entry points in the Midwest. The market combines solid average cash flow around $250 monthly with cap rates near 7%, reflecting favorable rental yields. With an average ROI estimated at 8% and a steady renter-occupied rate above 65%, Escanaba presents promising prospects. Appreciation remains moderate around 2% annually, suitable for balanced growth and income-focused portfolios.
8%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$700/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Escanaba for properties under $300k is approximately 9%, reflecting solid rental income relative to property values.
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