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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 1 day ago
$ 179,000
ROI
24.9
Cash Flow/m
255- 3 Bed
- 1 Bath
- 2261 sft
210 N Maple St, Mancelona, MI, 49659
Listed for sale 4 days ago
$ 199,900
ROI
24.4Cash Flow/m
260- 4 Bed
- 1 Bath
- 1782 sft
220 E State St, Mancelona, MI, 49659
Fix & Flip
$ 100,000
ROI
23.5Cash Flow/m
104- 2 Bed
- 1 Bath
- 924 sft
5175 Mancelona Rd, Mancelona, MI, 49659
$ 332,500
ROI
26.9Cash Flow/m
657- 3 Bed
- 2 Bath
- 2570 sft
9799 Skytrails Cir, 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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