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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Manistique, MI
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Here are some other similar properties you might be interested in:
Listed for sale 1 day ago
$ 100,000
ROI
24.9
Cash Flow/m
142- 4 Bed
- 1 Bath
- 1583 sft
817 Wright St, Saginaw, MI, 48602

Listed for sale 2 days ago
$ 100,000
ROI
24.9
Cash Flow/m
144- 2 Bed
- 1 Bath
- 685 sft
2212 Detroit Ave, Lincoln Park, MI, 48146

Currently Rented
Rental Income
Listed for sale 4 days ago
$ 100,000
ROI
24.7
Cash Flow/m
139- 3 Bed
- 1 Bath
- 964 sft
11776 Rossiter St, Detroit, MI, 48224

$ 100,000
ROI
23.9
Cash Flow/m
116- 3 Bed
- 1 Bath
- 854 sft
130 S 4th St, Manistique, MI, 49854

Listed for sale 7 days ago
$ 100,000
ROI
23.4
Cash Flow/m
102- 2 Bed
- 1 Bath
- 1042 sft
7704 Pine Creek Rd, Manistee, MI, 49660

Fix & Flip
Listed for sale 7 days ago
$ 100,000
ROI
16.6
Gross Rent Yield
9.5
- 3 Bed
- 2 Bath
- 1400 sft
4233 N Pheasant Rd, Lincoln, MI, 48742

$ 100,000
ROI
50.3
Cash Flow/m
849- 3 Bed
- 2 Bath
- 1380 sft
203 Mifflin Ave, Lansing, MI, 48912

$ 100,000
ROI
14.4
Gross Rent Yield
9.4
- 1 Bed
- 1 Bath
- 621 sft
1715 Maple Rdg APT 4, Haslett, MI, 48840

$ 100,000
ROI
52.1
Cash Flow/m
901- 3 Bed
- 2 Bath
- 1216 sft
3611 Butternut Dr Lot 177, Holland, MI, 49424

$ 100,000
ROI
46.7
Cash Flow/m
751- 2 Bed
- 1 Bath
- 1132 sft
3527 Kent Ave, Kalamazoo, MI, 49008

Fix & Flip
$ 100,000
ROI
42.7
Cash Flow/m
638- 3 Bed
- 1 Bath
- 1320 sft
31 Mathews Ct NE, Grand Rapids, MI, 49505

Fix & Flip
$ 100,000
ROI
23.2
Cash Flow/m
96- 5 Bed
- 2 Bath
- 2300 sft
301 S Cherry St, Kalkaska, MI, 49646

$ 100,000
ROI
24.6
Cash Flow/m
135- - Bed
- 1 Bath
- 628 sft
101 Millburg Dr, Benton Harbor, MI, 49022

$ 100,000
ROI
24.4
Cash Flow/m
129- 2 Bed
- 1 Bath
- 820 sft
124 Stanton Ave, Mohawk, MI, 49950

$ 100,000
ROI
24.0
Cash Flow/m
119- 1 Bed
- 1 Bath
- 780 sft
7625 Marwede Rd, Alpena, MI, 49707

$ 100,000
ROI
23.7
Cash Flow/m
110- 1 Bed
- 1 Bath
- 360 sft
2271 Birch Dr, Sears, MI, 49679

Fix & Flip
Motivated Seller
$ 100,000
ROI
23.5
Cash Flow/m
106- 3 Bed
- 1 Bath
- 1278 sft
58655 Penn Rd, Cassopolis, MI, 49031

$ 100,000
ROI
46.8
Cash Flow/m
753- 3 Bed
- 2 Bath
- 737 sft
181 S Marshall St, Pontiac, MI, 48342

$ 100,000
ROI
48.8
Cash Flow/m
808- 3 Bed
- 2 Bath
- 2185 sft
321 S Main St, Bellevue, MI, 49021

Fix & Flip
$ 100,000
ROI
23.1
Cash Flow/m
93- 2 Bed
- 1 Bath
- 867 sft
4511 Waldorf Rd, Delton, MI, 49046

Currently Rented
$ 100,000
ROI
23.7
Cash Flow/m
111- 2 Bed
- 1 Bath
- 940 sft
21640 Jacksonville St, Farmington Hills, MI, 48336

$ 100,000
ROI
23.1
Cash Flow/m
93- 5 Bed
- 1 Bath
- 1466 sft
25828 Lake Linden Ave, Laurium, MI, 49913

Currently Rented
$ 100,000
ROI
43.0
Cash Flow/m
646- 5 Bed
- 2 Bath
- 988 sft
730 Tilden St, Flint, MI, 48505

$ 100,000
ROI
23.1
Cash Flow/m
93- 4 Bed
- 2 Bath
- 1680 sft
1535 S M 52, Owosso, MI, 48867
Why Invest in Manistique, Michigan?
Investing in multi-family properties in Manistique, MI offers a unique opportunity to tap into the local rental market supported by steady renter occupancy and attractive cap rates. The area's average ROI aligns well with conservative investment strategies while rental yields remain competitive. With average rents that are affordable, investors can benefit from a positive cash flow environment. Appreciation rates are moderate, reflecting the stable economic growth of this region.
7.5%
Avg. ROI
8.2%
Rental Yield
6.8%
Cap Rate
$400/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Manistique offers stable rental demand with reasonable cap rates and a positive cash flow environment, making multi-family properties a viable investment option.
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