Multi Family Investment Properties for Sale in Manistique, MI
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Here are some other similar properties you might be interested in:
Currently Rented
Rental Income
Listed for sale 4 days ago
$ 100,000
ROI
24.7
Cash Flow/m
137- 3 Bed
- 1 Bath
- 1718 sft
16242 Cheyenne St, Detroit, MI, 48235
Listed for sale 4 days ago
$ 100,000
ROI
-Cash Flow/m
-- 3 Bed
- 2 Bath
- 1200 sft
6065 E Millbrook Rd, Shepherd, MI, 48883
$ 100,000
ROI
24.4Cash Flow/m
129- 3 Bed
- 1 Bath
- 1210 sft
2504 N Smith St, Sanford, MI, 48657
$ 100,000
ROI
23.4Cash Flow/m
102- 3 Bed
- 2 Bath
- 1008 sft
680 Eugene St, Ypsilanti, MI, 48198
Fix & Flip
$ 100,000
ROI
24.0Cash Flow/m
119- 2 Bed
- 1 Bath
- 1336 sft
23786 Cushing Ave, Eastpointe, MI, 48021
Fix & Flip
Motivated Seller
$ 100,000
ROI
24.3Cash Flow/m
127- 3 Bed
- 1 Bath
- 860 sft
4409 Gertrude St, Dearborn Heights, MI, 48125
$ 100,000
ROI
24.3Cash Flow/m
128- 3 Bed
- 1 Bath
- 1043 sft
508 S Kiesel St, Bay City, MI, 48706
Fix & Flip
$ 100,000
ROI
24.2Cash Flow/m
125- 2 Bed
- 1 Bath
- 1100 sft
3185 Delaney St, Flint, MI, 48506
$ 100,000
ROI
23.5Cash Flow/m
104- 2 Bed
- 2 Bath
- 1064 sft
50197 Wedgewood Ct N #644, Utica, MI, 48315
$ 100,000
ROI
17.0Gross Rent Yield
9.1- 2 Bed
- 1 Bath
- 882 sft
12672 Elaine Dr, Southgate, MI, 48195
$ 100,000
ROI
-Cash Flow/m
-- 1 Bed
- 1 Bath
- 384 sft
33048 W North Rd, Eckerman, MI, 49728
$ 100,000
ROI
24.8Cash Flow/m
140- 3 Bed
- 2 Bath
- 1344 sft
5486 Spring Creek Dr, Howell, MI, 48843
$ 100,000
ROI
24.0Cash Flow/m
117- 4 Bed
- 2 Bath
- 1188 sft
3204 Weigl Rd, Saginaw, MI, 48609
$ 100,000
ROI
24.3Cash Flow/m
127- 2 Bed
- 1 Bath
- 1129 sft
317 Woodworth St, Corunna, MI, 48817
Airbnb Potential
$ 100,000
ROI
24.0Cash Flow/m
117- 3 Bed
- 1 Bath
- 1270 sft
321 Ely St, Alma, MI, 48801
Fix & Flip
Motivated Seller
$ 100,000
ROI
23.4Cash Flow/m
102- 3 Bed
- 1 Bath
- - sft
810 Snedeker Rd, Webberville, MI, 48892
Fix & Flip
$ 100,000
ROI
23.5Cash Flow/m
104- 3 Bed
- 1 Bath
- 960 sft
2671 Fish Lake Rd, Lapeer, MI, 48446
$ 100,000
ROI
8.9Gross Rent Yield
9.4- 3 Bed
- 2 Bath
- 1248 sft
1637 Candytuft Ct, Albion, MI, 49224
$ 100,000
ROI
9.5Gross Rent Yield
9.1- 1 Bed
- 1 Bath
- 707 sft
3001 Williamsburg Dr, Ann Arbor, MI, 48108
$ 100,000
ROI
23.1Cash Flow/m
94- 2 Bed
- 2 Bath
- 896 sft
18481 Twelve Mile Rd, Big Rapids, MI, 49307
$ 100,000
ROI
24.0Cash Flow/m
118- 3 Bed
- 2 Bath
- 1360 sft
69669 Gumwood Rd, Niles, MI, 49120
Currently Rented
$ 100,000
ROI
23.3Cash Flow/m
99- 2 Bed
- 1 Bath
- 804 sft
611 Beach St, Mount Morris, MI, 48458
$ 100,000
ROI
23.8Cash Flow/m
112- 2 Bed
- 1 Bath
- 780 sft
408 W Wheaton Ave, Clare, MI, 48617
$ 100,000
ROI
24.2Cash Flow/m
124- 2 Bed
- 1 Bath
- 660 sft
324 W Hudson Ave, Madison Heights, MI, 48071
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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