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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Kalkaska, MI
Fix & Flip
Listed for sale 1 day ago
$ 159,900
ROI
24.9
Cash Flow/m
231- 2 Bed
- 1 Bath
- 1254 sft
3035 Lincoln Dr NE, Kalkaska, MI, 49646
Fix & Flip
Listed for sale 2 days ago
$ 130,000
ROI
23.6Cash Flow/m
138- 1 Bed
- 2 Bath
- 1038 sft
230 E Bear Lake Rd NE, Kalkaska, MI, 49646
Fix & Flip
$ 140,000
ROI
22.8Cash Flow/m
117- 2 Bed
- 2 Bath
- 1511 sft
1825 Anita Rd NE, Kalkaska, MI, 49646
Fix & Flip
$ 279,900
ROI
26.9Cash Flow/m
557- 4 Bed
- 2 Bath
- 1960 sft
506 Lynn St, Kalkaska, MI, 49646
Why Invest in Kalkaska, Michigan?
Investing in fix-and-flip properties in Kalkaska, MI offers a unique opportunity to capitalize on steady appreciation and a growing rental market. The average ROI stands at a favorable rate for small metro markets, with cap rates near 7%, making rehabbing properties profitable. Rental yields remain strong amid a renter-occupied rate of 45%, indicating consistent demand. Moderate average rent prices support healthy cash flow potential for investors specializing in property renovations.
10%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$900/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for fix-and-flip properties in Kalkaska is approximately 10%, making it an attractive market for investors focusing on home renovations.
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