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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
$ 320,000
ROI
29.6
Cash Flow/m
878- 3 Bed
- 2 Bath
- 2408 sft
8424 Pineview Dr, Mancelona, MI, 49659

Listed for sale 5 days ago
$ 309,900
ROI
21.0
Cash Flow/m
107- 2 Bed
- 2 Bath
- 1780 sft
7939 County Road 571 NE, Mancelona, MI, 49659

$ 174,999
ROI
23.4
Cash Flow/m
179- 3 Bed
- 1 Bath
- 1060 sft
3785 Westwood Rd NE, Mancelona, MI, 49659

$ 319,900
ROI
24.9
Cash Flow/m
453- 3 Bed
- 2 Bath
- 1997 sft
6514 Wilderness Dr, 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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