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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Menominee, MI
Currently Rented
Rental Income
Listed for sale 1 day ago
$ 159,900
ROI
33.1
Cash Flow/m
594- 6 Bed
- 2 Bath
- 2616 sft
1802 11th Ave, Menominee, MI, 49858
Listed for sale 2 days ago
$ 107,500
ROI
23.1Cash Flow/m
100- 3 Bed
- 2 Bath
- 1518 sft
1808 11th Ave, Menominee, MI, 49858
$ 184,900
ROI
24.4Cash Flow/m
239- 3 Bed
- 2 Bath
- 1596 sft
2105 17th St, Menominee, MI, 49858
$ 142,000
ROI
24.6Cash Flow/m
191- 2 Bed
- 1 Bath
- 880 sft
612 44th 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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