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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family 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
23.6
Cash Flow/m
138- 1 Bed
- 2 Bath
- 1038 sft
230 E Bear Lake Rd NE, Kalkaska, MI, 49646

Listed for sale 2 days ago
$ 149,900
ROI
28.1
Cash Flow/m
347- 1 Bed
- 1 Bath
- 1050 sft
227 Spruce St, Kalkaska, MI, 49646

$ 299,500
ROI
25.1
Cash Flow/m
442- 4 Bed
- 2 Bath
- 1762 sft
413 Norway St, Kalkaska, MI, 49646
Why Invest in Kalkaska, Michigan?
Investing in single-family homes in Kalkaska, MI offers unique opportunities for steady rental income and long-term appreciation. The region's moderate cap rates and consistent rental yields make it attractive for investors looking for stable cash flow. Kalkaska's rental market shows a solid renter occupancy rate, indicating sustained demand. With local economic growth supported by key employers, this market presents a promising environment for real estate investment aligned with Midwest trends.
7.5%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$500/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Kalkaska is approximately 9%, reflecting a strong rental market relative to property values.
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