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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Ishpeming, MI
Fix & Flip
Listed for sale 1 day ago
$ 139,900
ROI
24.2
Cash Flow/m
172- 3 Bed
- 1 Bath
- 1248 sft
207 S 2nd St, Ishpeming, MI, 49849
Listed for sale 1 day ago
$ 149,900
ROI
23.1Cash Flow/m
140- 3 Bed
- 1 Bath
- 1152 sft
2015 School St, Ishpeming, MI, 49849
Listed for sale 2 days ago
$ 175,000
ROI
24.3Cash Flow/m
223- 3 Bed
- 2 Bath
- 2384 sft
219 S Angeline St, Ishpeming, MI, 49849
Listed for sale 7 days ago
$ 144,900
ROI
23.4Cash Flow/m
146- 3 Bed
- 1 Bath
- 1484 sft
749 Michigan St, Ishpeming, MI, 49849
Why Invest in Ishpeming, Michigan?
Investing in Ishemping, MI offers attractive opportunities for high ROI properties. The local market combines steady rental yields with reasonable appreciation, making it favorable for investors targeting high cash flow. Average rental yields remain stable around 7%, supported by a renter-occupied rate near 50%. Cap rates are competitive, often exceeding 8%, reflecting robust market demand. These metrics underscore Ishemping's potential for consistent income and growth in your investment portfolio.
9%
Avg. ROI
7%
Rental Yield
8.5%
Cap Rate
$350/mo
Avg. Cash Flow
$800/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Ishpeming is approximately 7%, making it an appealing market for investors seeking steady income.
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