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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Menominee, MI
$ 189,900
ROI
33.8
Cash Flow/m
742- 4 Bed
- 2 Bath
- 2120 sft
813 8th St, Menominee, MI, 49858
$ 189,900
ROI
19.8Cash Flow/m
4- 3 Bed
- 2 Bath
- 1648 sft
2809 14th St, Menominee, MI, 49858
Rental Income
$ 107,000
ROI
38.7Cash Flow/m
563- 3 Bed
- 2 Bath
- 1456 sft
2108 10th AVENUE, Menominee, MI, 49858
Rental Income
$ 139,000
ROI
30.6Cash Flow/m
420- 5 Bed
- 2 Bath
- 2288 sft
2226 10th AVENUE, Menominee, MI, 49858
Why Invest in Menominee, Michigan?
Investing in multi-family properties in Menominee, MI offers unique opportunities driven by stable rental demand and attractive cap rates. The average ROI for multi-family investments here is around 7%, with rental yields near 8%, reflecting strong income potential. Local average rents are competitive, supporting consistent cash flow, while appreciation rates remain steady at about 2% annually. This market's renter occupancy rate is approximately 92%, underscoring reliable tenant demand.
7%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$900/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Rental yields for multi-family properties in Menominee typically average around 8%, reflecting steady rental income relative to property values.
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