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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 1 day ago
$ 314,900
ROI
24.3Cash Flow/m
395- 3 Bed
- 3 Bath
- 2712 sft
1900 30th 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
Listed for sale 2 days ago
$ 309,950
ROI
20.7Cash Flow/m
79- 4 Bed
- 3 Bath
- 2129 sft
N1265 Countryside Ln, Menominee, MI, 49858
Why Invest in Menominee, Michigan?
Investing in Menominee, MI properties under $500k presents an excellent opportunity for steady cash flow and appreciation. This area boasts a solid rental yield around 8% and an average cash flow exceeding $500 monthly, appealing to investors seeking affordable entry points. The cap rate of approximately 7% reflects balanced risk and reward in this local market. With renter occupancy near 60%, demand remains consistent driven by the area's stable economy and growing workforce.
9.5%
Avg. ROI
8.2%
Rental Yield
7%
Cap Rate
$520/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Menominee is approximately 8.2%, offering solid returns for investors. This makes it an attractive market for rental property investments.
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