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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Mancelona, MI

Listed for sale today
$ 182,000
ROI
24.4
Cash Flow/m
236- 1 Bed
- - Bath
- 256 sft
5565 Somich Trl, Mancelona, MI, 49659

Fix & Flip
Listed for sale 1 day ago
$ 125,000
ROI
23.5
Cash Flow/m
129- 3 Bed
- 1 Bath
- 1288 sft
417 Elm St, Mancelona, MI, 49659

Listed for sale 1 day ago
$ 199,900
ROI
23.2
Cash Flow/m
193- 2 Bed
- 1 Bath
- 1280 sft
7931 Twin Lake Rd NE, Mancelona, MI, 49659

$ 225,000
ROI
20.2
Cash Flow/m
27- 4 Bed
- 2 Bath
- 2354 sft
401 Sunnyside St, Mancelona, MI, 49659
Why Invest in Mancelona, Michigan?
Investing in Mancelona, MI offers attractive opportunities due to its stable rental market and modest appreciation rates. The average ROI stands at around 7%, supported by a rental yield near 6%. Affordable property prices combined with solid cap rates near 5% make it compelling for investors seeking consistent cash flow. The area’s renter-occupied rate is approximately 48%, reflecting a balanced demand for rental units. Additionally, average monthly rents are competitive, contributing to steady income streams.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Mancelona is approximately 6%, making it a viable location for investment rental properties.
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