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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield 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
23.5Cash Flow/m
129- 3 Bed
- 1 Bath
- 1288 sft
417 Elm St, Mancelona, MI, 49659
Listed for sale 1 day ago
$ 199,900
ROI
23.2Cash Flow/m
193- 2 Bed
- 1 Bath
- 1280 sft
7931 Twin Lake Rd NE, Mancelona, MI, 49659
$ 225,000
ROI
20.2Cash Flow/m
27- 4 Bed
- 2 Bath
- 2354 sft
401 Sunnyside St, Mancelona, MI, 49659
Why Invest in Mancelona, Michigan?
Investing in high rental yield properties in Mancelona, MI offers a solid opportunity for consistent cash flow and above-average ROI. The area benefits from a rental yield of around 8%, supported by a cap rate near 7% and an average rent close to $900 per month. Appreciation rates have been steady at approximately 3% annually, while renter occupancy remains strong at 94%. These metrics reflect a stable market for investors focused on high cash flow assets in northern Michigan.
9.5%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Mancelona for high rental yield properties is approximately 8%, providing strong returns for investors seeking cash flow.
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