Multi-Family Investment Properties in Ishpeming, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Multi Family Investment Properties for Sale in Ishpeming, MI

Property at 635 N 5th St, Ishpeming, MI
Currently Rented
Fix & Flip
Rental Income
$ 165,000
ROI
31.0ROI percentage
Cash Flow/m
Dollar sign516
  • 6 Bed
  • 3 Bath
  • 2621 sft
635 N 5th St, Ishpeming, MI, 49849
Property at 839 S Pine St, Ishpeming, MI
$ 109,000
ROI
32.0ROI percentage
Cash Flow/m
Dollar sign372
  • 2 Bed
  • 1 Bath
  • 1825 sft
839 S Pine St, Ishpeming, MI, 49849
Property at 709 N 3rd St, Ishpeming, MI
Rental Income
$ 120,000
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign239
  • 3 Bed
  • 2 Bath
  • 1512 sft
709 N 3rd St, Ishpeming, MI, 49849
Property at 708 Bank St, Ishpeming, MI
$ 139,900
ROI
69.1ROI percentage
Cash Flow/m
Dollar sign1921
  • 4 Bed
  • 2 Bath
  • 1881 sft
708 Bank St, Ishpeming, MI, 49849

Why Invest in Ishpeming, Michigan?

Investing in multi-family properties in Ishpeming, MI offers attractive opportunities due to steady appreciation and a healthy rental yield. The average cash flow and cap rate in this market provide a reliable income stream for investors. With a growing renter-occupied population, demand for multi-family housing remains consistent. Median rent prices support solid returns, making Ishpeming a prudent choice for diversified real estate portfolios.

7.5%
Avg. ROI
6%
Rental Yield
6.5%
Cap Rate
$8000/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation

Frequently Asked Questions

The average rental yield for multi-family properties in Ishpeming is approximately 6.0%, providing stable income for investors.

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Buy & Hold Rentals in Ishpeming, MI
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