High ROI Investment Properties for Sale in Ishpeming, MI
Listed for sale 2 days ago
$ 185,000
ROI
24.5
Cash Flow/m
242- 3 Bed
- 2 Bath
- 1179 sft
348 Marquette St, Ishpeming, MI, 49849
Listed for sale 7 days ago
$ 329,900
ROI
24.6Cash Flow/m
449- 3 Bed
- 3 Bath
- 2446 sft
1818 Prairie Ave, Ishpeming, MI, 49849
Fix & Flip
$ 139,900
ROI
24.9Cash Flow/m
199- 3 Bed
- 2 Bath
- 1516 sft
315 W Barnum St, Ishpeming, MI, 49849
$ 149,900
ROI
24.2Cash Flow/m
185- 2 Bed
- 1 Bath
- 1034 sft
310 Excelsior 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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