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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Manitowoc, WI
$ 399,900
ROI
21.8
Cash Flow/m
231- 4 Bed
- 3 Bath
- 2162 sft
1942 Ravenswood Ln, Manitowoc, WI, 54220
$ 189,900
ROI
26.8Cash Flow/m
370- 2 Bed
- 2 Bath
- 1354 sft
4537 Oaktree Ct, Manitowoc, WI, 54220
$ 309,900
ROI
20.0Cash Flow/m
21- 2 Bed
- 3 Bath
- 2124 sft
2138 S 22nd STREET, Manitowoc, WI, 54220
$ 369,900
ROI
24.4Cash Flow/m
477- 2 Bed
- 2 Bath
- 1532 sft
1901 Hidden Hollow Ln, Manitowoc, WI, 54220
Why Invest in Manitowoc, Wisconsin?
Manitowoc, WI offers strong potential for condo investors seeking steady rental income in a competitive market. With home values appreciating 6% annually and median prices around $235K, condos provide accessible entry points. Rental yields average 7%, supported by stable demand and low vacancy rates. Cap rates hover at 8%, with positive cash flow from growing local employment. The area's manufacturing base ensures reliable tenant pools for long-term holds.
9.5%
Avg. ROI
7.2%
Rental Yield
8.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
6%
1Y Appreciation
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