Condo Investment Properties for Sale in Manistique, MI


142- 4 Bed
- 1 Bath
- 1583 sft


144- 2 Bed
- 1 Bath
- 685 sft


139- 3 Bed
- 1 Bath
- 964 sft


116- 3 Bed
- 1 Bath
- 854 sft


102- 2 Bed
- 1 Bath
- 1042 sft



- 3 Bed
- 2 Bath
- 1400 sft


849- 3 Bed
- 2 Bath
- 1380 sft



- 1 Bed
- 1 Bath
- 621 sft


901- 3 Bed
- 2 Bath
- 1216 sft


751- 2 Bed
- 1 Bath
- 1132 sft


638- 3 Bed
- 1 Bath
- 1320 sft


96- 5 Bed
- 2 Bath
- 2300 sft


135- - Bed
- 1 Bath
- 628 sft


129- 2 Bed
- 1 Bath
- 820 sft


119- 1 Bed
- 1 Bath
- 780 sft


110- 1 Bed
- 1 Bath
- 360 sft


106- 3 Bed
- 1 Bath
- 1278 sft


753- 3 Bed
- 2 Bath
- 737 sft


808- 3 Bed
- 2 Bath
- 2185 sft


93- 2 Bed
- 1 Bath
- 867 sft


111- 2 Bed
- 1 Bath
- 940 sft


93- 5 Bed
- 1 Bath
- 1466 sft


646- 5 Bed
- 2 Bath
- 988 sft


93- 4 Bed
- 2 Bath
- 1680 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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