High Rental Yield Investment Properties for Sale in Mancelona, MI
Fix & Flip
Listed for sale 6 days ago
$ 149,900
ROI
24.3
Cash Flow/m
188- 3 Bed
- 1 Bath
- 1770 sft
209 E Michigan St, Mancelona, MI, 49659
$ 219,900
ROI
19.8Cash Flow/m
2- 3 Bed
- 2 Bath
- 1600 sft
8379 Merrimon Ct, Mancelona, MI, 49659
$ 199,900
ROI
24.6Cash Flow/m
271- 3 Bed
- 2 Bath
- 1173 sft
The Churchill Plan, Northen Michigan New Construction, Mancelona, MI, 49659
$ 214,900
ROI
22.0Cash Flow/m
132- 3 Bed
- 2 Bath
- 1600 sft
The Odyssey Plan, Northen Michigan New Construction, 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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