Under $300K Investment Properties for Sale in Menominee, MI
Listed for sale today
$ 124,900
ROI
24.5
Cash Flow/m
163- 2 Bed
- 1 Bath
- 896 sft
1008 15th Ave, Menominee, MI, 49858
Listed for sale 1 day ago
$ 127,500
ROI
24.0Cash Flow/m
151- 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 Menominee, MI, properties under $300k offers affordable entry into a stable market with promising rental yields. The average rental yield here is around 8%, while cap rates hold steady near 7%, making this an attractive option for cash flow-focused investors. Appreciation rates are moderate but steady at approximately 3% annually. Rental occupancy rates remain strong at about 92%, supported by local economic growth and a solid renter base.
8%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$500/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Rental yields for properties under $300k in Menominee average about 8%, making it a good market for income-focused investors.
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