Condo Investment Properties for Sale in Manistique, MI
95- 3 Bed
- 1 Bath
- 2100 sft
103- 4 Bed
- 2 Bath
- 1797 sft
135- 3 Bed
- 1 Bath
- 1110 sft
109- 5 Bed
- 3 Bath
- 2061 sft
117- 2 Bed
- 1 Bath
- 1112 sft
105- 3 Bed
- 2 Bath
- 1232 sft
142- 3 Bed
- 2 Bath
- 1850 sft
131- 2 Bed
- 1 Bath
- 1143 sft
104- 2 Bed
- 1 Bath
- 924 sft
129- 2 Bed
- 2 Bath
- 1252 sft
138- 2 Bed
- 1 Bath
- 1020 sft
- 3 Bed
- 2 Bath
- 1275 sft
117- 2 Bed
- 1 Bath
- 960 sft
103- 2 Bed
- 1 Bath
- 704 sft
96- 2 Bed
- 1 Bath
- 672 sft
92- 1 Bed
- 1 Bath
- 700 sft
111- 2 Bed
- 1 Bath
- 937 sft
125- 3 Bed
- 2 Bath
- 1520 sft
133- 3 Bed
- 1 Bath
- 966 sft
133- 3 Bed
- 1 Bath
- 2120 sft
343- 5 Bed
- 3 Bath
- 1810 sft
128- 3 Bed
- 2 Bath
- 1600 sft
135- 3 Bed
- 1 Bath
- 1048 sft
125- 1 Bed
- 1 Bath
- 600 sft
Why Invest in Manistique, Michigan?
Investing in condos in Manistique, MI offers a unique opportunity to tap into a stable rental market with increasing demand for multifamily housing. Condos here provide an attractive average ROI of 7.2% and a solid rental yield of 6.5%, supporting cash flow positive investments. Appreciation rates of around 3.1% annually reflect steady property value growth. The area's renter-occupied rate is approximately 52%, signifying a balanced mix of owners and renters. Cap rates hover near 6.8%, making this market appealing for real estate investors seeking moderate risk and consistent returns.
Frequently Asked Questions
Manistique condos offer solid rental yields and moderate appreciation in a stable local economy with low vacancy rates, making them attractive for consistent cash flow and long-term growth.
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