Investment Properties for Sale in Houghton, MI
Listed for sale 7 days ago
$ 420,000
ROI
21.4
Cash Flow/m
190- 3 Bed
- 2 Bath
- 2082 sft
105 W Houghton Ave, Houghton, MI, 49931
$ 269,900
ROI
26.4Cash Flow/m
500- 3 Bed
- 2 Bath
- 1320 sft
307 Calverley Ave, Houghton, MI, 49931
$ 349,900
ROI
21.3Cash Flow/m
148- 3 Bed
- 3 Bath
- 2101 sft
1405 Sugar Maple Ln, Houghton, MI, 49931
Currently Rented
$ 159,900
ROI
24.8Cash Flow/m
223- 3 Bed
- 1 Bath
- 1149 sft
901 Jasper 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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