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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
$ 145,000
ROI
30.1
Cash Flow/m
419- 2 Bed
- 1 Bath
- 832 sft
1006 Stephenson Ave, Escanaba, MI, 49829

Listed for sale 2 days ago
$ 222,000
ROI
21.1
Cash Flow/m
81- 4 Bed
- 3 Bath
- 2845 sft
705 S 10th St, Escanaba, MI, 49829

Listed for sale 4 days ago
$ 159,500
ROI
24.1
Cash Flow/m
193- 3 Bed
- 1 Bath
- 1230 sft
1016 10th Ave S, Escanaba, MI, 49829

$ 150,000
ROI
23.7
Cash Flow/m
164- 4 Bed
- 2 Bath
- 1370 sft
1209 Washington Ave, 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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