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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
Listed for sale 1 day ago
$ 249,000
ROI
25.0
Cash Flow/m
364- 3 Bed
- 2 Bath
- 1685 sft
639 Jopling Ave, Ishpeming, MI, 49849
Listed for sale 1 day ago
$ 199,000
ROI
28.7Cash Flow/m
494- 3 Bed
- 2 Bath
- 1091 sft
168 Saginaw St, Ishpeming, MI, 49849
Listed for sale 2 days ago
$ 240,000
ROI
25.2Cash Flow/m
366- 3 Bed
- 2 Bath
- 1175 sft
1805 Cindy 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 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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