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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

$ 199,000
ROI
21.1
Cash Flow/m
72- 4 Bed
- 3 Bath
- 2090 sft
159 River St, Manistique, MI, 49854

Currently Rented
$ 130,000
ROI
36.9
Cash Flow/m
621- 4 Bed
- 2 Bath
- 1664 sft
326 Schoolcraft Ave, Manistique, MI, 49854
or
Here are some other similar properties you might be interested in:
Fix & Flip
Listed for sale 2 days ago
$ 100,000
ROI
23.2
Cash Flow/m
96- 3 Bed
- 2 Bath
- 1248 sft
2216 S 17th St, Niles, MI, 49120

Listed for sale 3 days ago
$ 100,000
ROI
24.7
Cash Flow/m
137- 2 Bed
- 1 Bath
- 884 sft
1427 N Abbe Rd, Fairview, MI, 48621

$ 100,000
ROI
23.0
Cash Flow/m
92- 2 Bed
- 1 Bath
- 1045 sft
3022 Begole St, Flint, MI, 48504

$ 100,000
ROI
23.8
Cash Flow/m
114- 4 Bed
- 2 Bath
- 825 sft
14297 Wisconsin St, Detroit, MI, 48238

$ 100,000
ROI
23.4
Cash Flow/m
103- 2 Bed
- 1 Bath
- 924 sft
991 Ogden Ave, Benton Harbor, MI, 49022

$ 100,000
ROI
1.8
Gross Rent Yield
9.1
- 3 Bed
- 2 Bath
- 1600 sft
11229 Shady Grove Ct, South Lyon, MI, 48178

$ 100,000
ROI
24.7
Cash Flow/m
137- 2 Bed
- 1 Bath
- 666 sft
24357 Lauren Ave, Warren, MI, 48089

Fix & Flip
$ 100,000
ROI
24.1
Cash Flow/m
122- 3 Bed
- 1 Bath
- 1800 sft
12961 Spruce St, Wolverine, MI, 49799

$ 100,000
ROI
24.9
Cash Flow/m
144- 3 Bed
- 1 Bath
- 1344 sft
352 N Perry St, Pontiac, MI, 48342

$ 100,000
ROI
23.1
Cash Flow/m
94- 3 Bed
- 1 Bath
- 1010 sft
364 W Greenwood Rd, Alger, MI, 48610

$ 100,000
ROI
23.7
Cash Flow/m
109- - Bed
- - Bath
- - sft
12755 S Marina Village Dr #44, Traverse City, MI, 49684

$ 100,000
ROI
24.5
Cash Flow/m
131- 3 Bed
- 3 Bath
- 1023 sft
18905 Woodland St, Harper Woods, MI, 48225

$ 100,000
ROI
23.6
Cash Flow/m
108- 2 Bed
- 1 Bath
- 720 sft
714 E North St, Saint Charles, MI, 48655

Fix & Flip
$ 100,000
ROI
24.3
Cash Flow/m
127- 6 Bed
- 2 Bath
- 2388 sft
402 N Huron St, Albion, MI, 49224

$ 100,000
ROI
(9.7)
Gross Rent Yield
9.5
- 2 Bed
- 2 Bath
- 930 sft
333 E Lakewood Blvd Lot 69, Holland, MI, 49424

Fix & Flip
$ 100,000
ROI
23.7
Cash Flow/m
109- 3 Bed
- 2 Bath
- 1296 sft
516 Morrison Ave, Bangor, MI, 49013

$ 100,000
ROI
24.9
Cash Flow/m
143- 3 Bed
- 1 Bath
- 1000 sft
4970 Center St, Fairgrove, MI, 48733

$ 100,000
ROI
25.0
Cash Flow/m
145- 2 Bed
- 1 Bath
- 720 sft
240 25th St N, Springfield, MI, 49037

Fix & Flip
Rental Income
$ 100,000
ROI
24.3
Cash Flow/m
128- 3 Bed
- 1 Bath
- 1485 sft
51 Beckwith Dr, Galesburg, MI, 49053

$ 100,000
ROI
24.8
Cash Flow/m
141- 2 Bed
- 1 Bath
- 1080 sft
26396 Pennie St, Dearborn Heights, MI, 48125

$ 100,000
ROI
4.8
Gross Rent Yield
9.3
- 3 Bed
- 2 Bath
- 1244 sft
7298 Oak Brook Cir, Portage, MI, 49002

$ 100,000
ROI
24.4
Cash Flow/m
129- 2 Bed
- 1 Bath
- 1320 sft
218 S Cherry St, Flushing, MI, 48433

$ 100,000
ROI
24.8
Cash Flow/m
140- 2 Bed
- 1 Bath
- 804 sft
2720 Worden St, Norton Shores, MI, 49444

Currently Rented
Rental Income
$ 100,000
ROI
24.8
Cash Flow/m
141- 3 Bed
- 1 Bath
- 1208 sft
2118 7th St, Muskegon Heights, MI, 49444
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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