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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Manistique, MI
Listed for sale 1 day ago
$ 109,900
ROI
24.7
Cash Flow/m
151- 5 Bed
- 2 Bath
- 2126 sft
812 Arbutus Ave, Manistique, MI, 49854
Listed for sale 4 days ago
$ 129,900
ROI
24.1Cash Flow/m
158- 2 Bed
- 1 Bath
- 1068 sft
150 Steuben St, Manistique, MI, 49854
$ 100,000
ROI
23.9Cash Flow/m
116- 3 Bed
- 1 Bath
- 854 sft
130 S 4th St, Manistique, MI, 49854
$ 118,000
ROI
23.1Cash Flow/m
111- 4 Bed
- 2 Bath
- 1415 sft
525 Delta Ave, Manistique, MI, 49854
Why Invest in Manistique, Michigan?
Investing in Manistique, MI offers high ROI opportunities particularly attractive to real estate investors focusing on strong rental markets. The area benefits from an average ROI of 9.5%, coupled with a rental yield around 7.8%. Cap rates are healthy at approximately 6.2%, supporting steady cash flow averaging $350 monthly. Appreciation rate is moderate at 3.5%, reflecting a stable but growing market. Renter-occupied units constitute about 45%, signifying solid demand for rentals.
9.5%
Avg. ROI
7.8%
Rental Yield
6.2%
Cap Rate
$350/mo
Avg. Cash Flow
$700/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI in Manistique is approximately 9.5%, making it an attractive market for investors looking for solid returns.
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