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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
$ 399,000
ROI
22.5
Cash Flow/m
304- 4 Bed
- 2 Bath
- 2015 sft
2272 S M 66 Hwy, Mancelona, MI, 49659

Listed for sale 4 days ago
$ 183,000
ROI
24.7
Cash Flow/m
251- 2 Bed
- 1 Bath
- 1034 sft
5929 Skytrails Ct, Mancelona, MI, 49659

Listed for sale 5 days ago
$ 110,000
ROI
22.2
Cash Flow/m
75- 3 Bed
- 2 Bath
- 1230 sft
7678 Willowbrook Cir, Mancelona, MI, 49659

$ 274,000
ROI
30.4
Cash Flow/m
810- 3 Bed
- 2 Bath
- 1830 sft
6361 Redwing Ct, 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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