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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 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 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.
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