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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 3 days ago
$ 320,000
ROI
29.6
Cash Flow/m
878- 3 Bed
- 2 Bath
- 2408 sft
8424 Pineview Dr, Mancelona, MI, 49659
Listed for sale 5 days ago
$ 309,900
ROI
21.0Cash Flow/m
107- 2 Bed
- 2 Bath
- 1780 sft
7939 County Road 571 NE, Mancelona, MI, 49659
$ 174,999
ROI
23.4Cash Flow/m
179- 3 Bed
- 1 Bath
- 1060 sft
3785 Westwood Rd NE, Mancelona, MI, 49659
$ 319,900
ROI
24.9Cash Flow/m
453- 3 Bed
- 2 Bath
- 1997 sft
6514 Wilderness Dr, 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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