Single Family Investment Properties for Sale in Menominee, MI
Listed for sale 1 day ago
$ 124,900
ROI
24.5
Cash Flow/m
163- 2 Bed
- 1 Bath
- 896 sft
1008 15th Ave, Menominee, MI, 49858
Listed for sale 2 days ago
$ 127,500
ROI
24.2Cash Flow/m
158- 4 Bed
- 2 Bath
- 1344 sft
2504 16th Ave, Menominee, MI, 49858
$ 125,000
ROI
24.8Cash Flow/m
175- 3 Bed
- 2 Bath
- 1876 sft
1009 16th St, Menominee, MI, 49858
$ 214,900
ROI
27.4Cash Flow/m
458- 3 Bed
- 3 Bath
- 1400 sft
1500 29th Ave, Menominee, MI, 49858
Why Invest in Menominee, Michigan?
Investing in single-family homes in Menominee, MI offers a stable entry into a growing market. This area features an average ROI of 7.2% and a rental yield of 6.5%, making it attractive for steady cash flow. Cap rates near 6.8% reflect solid profitability, while average monthly rents around $850 support consistent income. Appreciation trends indicate 3.5% growth annually, complemented by a renter-occupied rate of 48%, signaling healthy demand in the local rental market.
7.2%
Avg. ROI
6.5%
Rental Yield
6.8%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for single-family homes in Menominee is approximately 7.2%, supported by solid rental yields and market appreciation.
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