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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
23.2
Cash Flow/m
95- 3 Bed
- 1 Bath
- 2100 sft
490 W Saginaw St, Breckenridge, MI, 48615
Fix & Flip
Listed for sale 1 day ago
$ 100,000
ROI
23.4Cash Flow/m
103- 4 Bed
- 2 Bath
- 1797 sft
19285 E Forteen Mile Rd, Clinton Township, MI, 48035
Listed for sale 1 day ago
$ 100,000
ROI
24.6Cash Flow/m
135- 3 Bed
- 1 Bath
- 1110 sft
24540 Wagner Ave, Warren, MI, 48089
Fix & Flip
Listed for sale 1 day ago
$ 100,000
ROI
23.7Cash Flow/m
109- 5 Bed
- 3 Bath
- 2061 sft
1233 Concord St, Detroit, MI, 48207
Fix & Flip
$ 100,000
ROI
24.0Cash Flow/m
117- 2 Bed
- 1 Bath
- 1112 sft
2375 Tamarack St, Lake Odessa, MI, 48849
$ 100,000
ROI
23.5Cash Flow/m
105- 3 Bed
- 2 Bath
- 1232 sft
19039 Deering St, Livonia, MI, 48152
Airbnb Potential
$ 100,000
ROI
24.9Cash Flow/m
142- 3 Bed
- 2 Bath
- 1850 sft
380 Hemlock St, Republic, MI, 49879
Fix & Flip
$ 100,000
ROI
24.5Cash Flow/m
131- 2 Bed
- 1 Bath
- 1143 sft
164 Deming Rd, Shelby, MI, 49455
Fix & Flip
$ 100,000
ROI
23.5Cash Flow/m
104- 2 Bed
- 1 Bath
- 924 sft
5175 Mancelona Rd, Mancelona, MI, 49659
$ 100,000
ROI
24.4Cash Flow/m
129- 2 Bed
- 2 Bath
- 1252 sft
450 Minerva St, Eaton Rapids, MI, 48827
$ 100,000
ROI
24.7Cash Flow/m
138- 2 Bed
- 1 Bath
- 1020 sft
26809 Dartmouth St, Inkster, MI, 48141
$ 100,000
ROI
(3.1)Gross Rent Yield
9.6- 3 Bed
- 2 Bath
- 1275 sft
13813 Shamrock Ln NE, Cedar Springs, MI, 49319
$ 100,000
ROI
24.0Cash Flow/m
117- 2 Bed
- 1 Bath
- 960 sft
1709 S Pennsylvania Ave, Lansing, MI, 48910
Airbnb Potential
$ 100,000
ROI
23.4Cash Flow/m
103- 2 Bed
- 1 Bath
- 704 sft
121 Sandpiper Ave, Houghton Lake, MI, 48629
$ 100,000
ROI
23.2Cash Flow/m
96- 2 Bed
- 1 Bath
- 672 sft
111 E 6th St, Pinconning, MI, 48650
$ 100,000
ROI
23.0Cash Flow/m
92- 1 Bed
- 1 Bath
- 700 sft
1201 W Moore Rd, Grant, MI, 49327
$ 100,000
ROI
23.7Cash Flow/m
111- 2 Bed
- 1 Bath
- 937 sft
2988 Sharp Rd, Adrian, MI, 49221
$ 100,000
ROI
24.2Cash Flow/m
125- 3 Bed
- 2 Bath
- 1520 sft
8890 Zion Rd, Rives Junction, MI, 49277
Fix & Flip
$ 100,000
ROI
24.5Cash Flow/m
133- 3 Bed
- 1 Bath
- 966 sft
15 4th St, Plainwell, MI, 49080
$ 100,000
ROI
24.5Cash Flow/m
133- 3 Bed
- 1 Bath
- 2120 sft
440 Mill St, Constantine, MI, 49042
Fix & Flip
$ 100,000
ROI
32.1Cash Flow/m
343- 5 Bed
- 3 Bath
- 1810 sft
124 W Pine St, Cadillac, MI, 49601
$ 100,000
ROI
24.3Cash Flow/m
128- 3 Bed
- 2 Bath
- 1600 sft
157 Harrison St, Manistee, MI, 49660
Motivated Seller
$ 100,000
ROI
24.6Cash Flow/m
135- 3 Bed
- 1 Bath
- 1048 sft
519 W Main St, Hartford, MI, 49057
$ 100,000
ROI
24.2Cash Flow/m
125- 1 Bed
- 1 Bath
- 600 sft
8312 W Burdock Ave, Baldwin, MI, 49304
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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