Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Grand Marais, MI
$ 170,000
ROI
23.3
Cash Flow/m
165- 1 Bed
- 1 Bath
- 680 sft
22252 E Webb Rd, Grand Marais, MI, 49839
$ 185,000
ROI
20.3Cash Flow/m
27- 1 Bed
- - Bath
- 576 sft
0 E Sigan Camp Rd, Grand Marais, MI, 49839
Fix & Flip
$ 199,000
ROI
23.0Cash Flow/m
182- 2 Bed
- 1 Bath
- 862 sft
22019 E Everett Ave, Grand Marais, MI, 49839
or
Here are some other similar properties you might be interested in:
Currently Rented
Rental Income
Listed for sale 2 days ago
$ 100,000
ROI
24.7Cash Flow/m
139- 3 Bed
- 1 Bath
- 964 sft
11776 Rossiter St, Detroit, MI, 48224
Listed for sale 6 days ago
$ 100,000
ROI
23.9Cash Flow/m
116- 3 Bed
- 1 Bath
- 854 sft
130 S 4th St, Manistique, MI, 49854
Listed for sale 5 days ago
$ 100,000
ROI
23.4Cash Flow/m
102- 2 Bed
- 1 Bath
- 1042 sft
7704 Pine Creek Rd, Manistee, MI, 49660
Fix & Flip
Listed for sale 5 days ago
$ 100,000
ROI
16.6Gross Rent Yield
9.5- 3 Bed
- 2 Bath
- 1400 sft
4233 N Pheasant Rd, Lincoln, MI, 48742
Listed for sale 6 days ago
$ 100,000
ROI
50.3Cash Flow/m
849- 3 Bed
- 2 Bath
- 1380 sft
203 Mifflin Ave, Lansing, MI, 48912
Listed for sale 7 days ago
$ 100,000
ROI
14.4Gross Rent Yield
9.4- 1 Bed
- 1 Bath
- 621 sft
1715 Maple Rdg APT 4, Haslett, MI, 48840
$ 100,000
ROI
52.1Cash Flow/m
901- 3 Bed
- 2 Bath
- 1216 sft
3611 Butternut Dr Lot 177, Holland, MI, 49424
$ 100,000
ROI
46.7Cash Flow/m
751- 2 Bed
- 1 Bath
- 1132 sft
3527 Kent Ave, Kalamazoo, MI, 49008
Fix & Flip
$ 100,000
ROI
42.7Cash Flow/m
638- 3 Bed
- 1 Bath
- 1320 sft
31 Mathews Ct NE, Grand Rapids, MI, 49505
Fix & Flip
$ 100,000
ROI
23.2Cash Flow/m
96- 5 Bed
- 2 Bath
- 2300 sft
301 S Cherry St, Kalkaska, MI, 49646
$ 100,000
ROI
24.6Cash Flow/m
135- - Bed
- 1 Bath
- 628 sft
101 Millburg Dr, Benton Harbor, MI, 49022
$ 100,000
ROI
24.4Cash Flow/m
129- 2 Bed
- 1 Bath
- 820 sft
124 Stanton Ave, Mohawk, MI, 49950
$ 100,000
ROI
24.0Cash Flow/m
119- 1 Bed
- 1 Bath
- 780 sft
7625 Marwede Rd, Alpena, MI, 49707
$ 100,000
ROI
23.7Cash Flow/m
110- 1 Bed
- 1 Bath
- 360 sft
2271 Birch Dr, Sears, MI, 49679
Currently Rented
$ 100,000
ROI
36.7Cash Flow/m
471- 5 Bed
- 2 Bath
- 1926 sft
903 S Mason St, Saginaw, MI, 48602
Fix & Flip
Motivated Seller
$ 100,000
ROI
23.5Cash Flow/m
106- 3 Bed
- 1 Bath
- 1278 sft
58655 Penn Rd, Cassopolis, MI, 49031
$ 100,000
ROI
46.8Cash Flow/m
753- 3 Bed
- 2 Bath
- 737 sft
181 S Marshall St, Pontiac, MI, 48342
$ 100,000
ROI
48.8Cash Flow/m
808- 3 Bed
- 2 Bath
- 2185 sft
321 S Main St, Bellevue, MI, 49021
Fix & Flip
$ 100,000
ROI
23.1Cash Flow/m
93- 2 Bed
- 1 Bath
- 867 sft
4511 Waldorf Rd, Delton, MI, 49046
Currently Rented
$ 100,000
ROI
23.7Cash Flow/m
111- 2 Bed
- 1 Bath
- 940 sft
21640 Jacksonville St, Farmington Hills, MI, 48336
$ 100,000
ROI
23.1Cash Flow/m
93- 5 Bed
- 1 Bath
- 1466 sft
25828 Lake Linden Ave, Laurium, MI, 49913
Currently Rented
$ 100,000
ROI
43.0Cash Flow/m
646- 5 Bed
- 2 Bath
- 988 sft
730 Tilden St, Flint, MI, 48505
$ 100,000
ROI
23.1Cash Flow/m
93- 4 Bed
- 2 Bath
- 1680 sft
1535 S M 52, Owosso, MI, 48867
Fix & Flip
$ 100,000
ROI
24.6Cash Flow/m
136- 3 Bed
- 1 Bath
- 887 sft
4402 Pelham St, Dearborn Heights, MI, 48125
Why Invest in Grand Marais, Michigan?
Investing in Grand Marais, MI offers a unique opportunity for real estate investors seeking a small-town market with steady growth. The local rental market shows an average rental yield of 6.5%, supported by a modest cap rate around 5.2%. Appreciation rates have remained stable at approximately 2.8% annually. Investors can expect an average cash flow of $450 per rental unit, with a renter-occupied rate of 42%, indicating active demand in this scenic lakeside community.
7.5%
Avg. ROI
6.5%
Rental Yield
5.2%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.8%
1Y Appreciation
Frequently Asked Questions
The average ROI for real estate investments in Grand Marais is approximately 7.5%, reflecting steady rental demand and modest property appreciation.
Find Your Perfect Investment Property in Grand Marais, Michigan
Explore investment opportunities by strategy, performance, or property type
