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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 1 day ago
$ 230,000
ROI
24.4
Cash Flow/m
299- 3 Bed
- 2 Bath
- 1772 sft
1121 N 16th St, Escanaba, MI, 49829
Listed for sale 5 days ago
$ 298,000
ROI
20.8Cash Flow/m
86- 3 Bed
- 3 Bath
- 3024 sft
1612 18th Ave S, Escanaba, MI, 49829
$ 165,000
ROI
24.8Cash Flow/m
232- 3 Bed
- 2 Bath
- 1324 sft
923 Washington Ave, Escanaba, MI, 49829
$ 170,000
ROI
26.7Cash Flow/m
330- 2 Bed
- 1 Bath
- 807 sft
612 S 15th St, 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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