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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
$ 240,000
ROI
22.6
Cash Flow/m
193- 2 Bed
- 2 Bath
- 2028 sft
2009 Deer Lake Ave, Ishpeming, MI, 49849
$ 228,200
ROI
21.0Cash Flow/m
77- 4 Bed
- 1 Bath
- 1307 sft
125 Lawrence Ave, Ishpeming, MI, 49849
$ 168,000
ROI
23.1Cash Flow/m
158- 2 Bed
- 1 Bath
- 1260 sft
242 Hill St, Ishpeming, MI, 49849
$ 150,000
ROI
23.6Cash Flow/m
160- 4 Bed
- 2 Bath
- 1616 sft
408 E Empire 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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