Fix And Flip Investment Properties for Sale in Kalkaska, MI
Fix & Flip
$ 320,000
ROI
23.0
Cash Flow/m
292- 9 Bed
- 6 Bath
- 4800 sft
6361 Myers Rd NE, Kalkaska, MI, 49646
Fix & Flip
$ 159,900
ROI
24.3Cash Flow/m
201- 2 Bed
- 1 Bath
- 1254 sft
3035 Lincoln Dr NE, Kalkaska, MI, 49646
Fix & Flip
$ 130,000
ROI
24.2Cash Flow/m
161- 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
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.
Find Your Perfect Investment Property in Kalkaska, Michigan
Explore investment opportunities by strategy, performance, or property type
