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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Ishpeming, MI
Listed for sale today
$ 240,000
ROI
25.2
Cash Flow/m
366- 3 Bed
- 2 Bath
- 1175 sft
1805 Cindy St, Ishpeming, MI, 49849
Listed for sale 1 day ago
$ 249,000
ROI
25.0Cash Flow/m
364- 3 Bed
- 2 Bath
- 1685 sft
639 Jopling Ave, Ishpeming, MI, 49849
Listed for sale 2 days ago
$ 199,000
ROI
28.7Cash Flow/m
494- 3 Bed
- 2 Bath
- 1091 sft
168 Saginaw St, Ishpeming, MI, 49849
$ 259,000
ROI
26.5Cash Flow/m
488- 4 Bed
- 2 Bath
- 2014 sft
235 S Rose St, Ishpeming, MI, 49849
Why Invest in Ishpeming, Michigan?
Investing in high rental yield properties in Ishpeming, MI offers attractive returns supported by a steady rental market. This area shows an average rental yield of over 8%, making it ideal for investors seeking strong cash flow. Properties here benefit from a cap rate around 7%, while average returns on investment hover near 9%. Stable appreciation rates and a renter-occupied rate above 60% contribute to a secure investment environment.
9%
Avg. ROI
8.2%
Rental Yield
7%
Cap Rate
$250/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The typical rental yield in Ishpeming is approximately 8.2%, which is relatively high compared to many other areas in Michigan, making it attractive for rental investors.
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