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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Escanaba, MI
Listed for sale today
$ 179,000
ROI
26.8
Cash Flow/m
350- 3 Bed
- 1 Bath
- 1071 sft
5328 12th Rd, Escanaba, MI, 49829
$ 219,000
ROI
20.9Cash Flow/m
71- 5 Bed
- 3 Bath
- 1986 sft
210 N 13th St, Escanaba, MI, 49829
$ 259,000
ROI
32.3Cash Flow/m
902- 6 Bed
- 5 Bath
- 2284 sft
321 S 13th St, Escanaba, MI, 49829
$ 225,000
ROI
27.3Cash Flow/m
475- 5 Bed
- 1 Bath
- 1999 sft
1725 1st Ave S, 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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