Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Menominee, MI
Listed for sale 1 day ago
$ 139,900
ROI
23.3
Cash Flow/m
137- 4 Bed
- 1 Bath
- 1300 sft
1704 13th Ave, Menominee, MI, 49858
Listed for sale 1 day ago
$ 124,900
ROI
26.8Cash Flow/m
244- - Bed
- - Bath
- 432 sft
N1612 M 35, Menominee, MI, 49858
Listed for sale 1 day ago
$ 289,900
ROI
27.4Cash Flow/m
617- 3 Bed
- 3 Bath
- 1838 sft
2108 18th St, Menominee, MI, 49858
Listed for sale 4 days ago
$ 249,900
ROI
26.0Cash Flow/m
434- 3 Bed
- 2 Bath
- 1456 sft
232 1st St, 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.
Find Your Perfect Investment Property in Menominee, Michigan
Explore investment opportunities by strategy, performance, or property type
