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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family 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
23.5
Cash Flow/m
129- 3 Bed
- 1 Bath
- 1288 sft
417 Elm St, Mancelona, MI, 49659

$ 225,000
ROI
20.2
Cash Flow/m
27- 4 Bed
- 2 Bath
- 2354 sft
401 Sunnyside St, Mancelona, MI, 49659

$ 249,000
ROI
27.5
Cash Flow/m
538- 3 Bed
- 1 Bath
- 1692 sft
5452 S Us Highway 131, Mancelona, MI, 49659
Why Invest in Mancelona, Michigan?
Investing in single-family homes in Mancelona, MI offers steady rental income with a moderate average ROI of 7%. The cap rate of around 6% reflects a stable property market in this region. Rental yields hover near 8%, supporting consistent cash flow for investors. Average rents remain affordable, contributing to a renter-occupied rate of approximately 45%. This balance makes Mancelona an attractive option in Michigan for long-term rental investments.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Mancelona is approximately 8%, supporting steady returns for investors.
Find Your Perfect Investment Property in Mancelona, Michigan
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