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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Houghton, MI

$ 139,900
ROI
23.5
Cash Flow/m
144- 3 Bed
- 1 Bath
- 1188 sft
47604 1st St, Houghton, MI, 49931

$ 300,000
ROI
25.3
Cash Flow/m
465- 4 Bed
- 2 Bath
- 2801 sft
705 W Baraga Ave, Houghton, MI, 49931

Currently Rented
$ 290,000
ROI
26.4
Cash Flow/m
534- 4 Bed
- 3 Bath
- 2306 sft
807 E Montezuma Ave, Houghton, MI, 49931

$ 259,995
ROI
30.4
Cash Flow/m
772- 3 Bed
- 2 Bath
- 1522 sft
605 W Baraga Ave, Houghton, MI, 49931
Why Invest in Houghton, Michigan?
Investors looking at Houghton, MI will find attractive opportunities with an average ROI of 6.5% and stable rental yields around 7.2%. This city is known for its strong rental market, with an average rent of $850 supporting solid cash flow estimates near $400 monthly. Appreciation rates are steady at 3%, making Houghton a favorable location for long-term real estate investments. The renter-occupied rate stands at about 45%, reflecting healthy rental demand for multifamily or single-family properties.
6.5%
Avg. ROI
7.2%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Houghton is approximately 7.2%, reflecting a strong rental market supported by the local university and stable demand.
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