High Rental Yield Investment Properties for Sale in Munising, MI
Listed for sale 4 days ago
$ 230,000
ROI
29.0
Cash Flow/m
593- 3 Bed
- 2 Bath
- 1153 sft
221 E Varnum St, Munising, MI, 49862
$ 129,900
ROI
23.1Cash Flow/m
120- 2 Bed
- 2 Bath
- 1201 sft
104 Hemlock St, Munising, MI, 49862
$ 199,000
ROI
24.9Cash Flow/m
285- 3 Bed
- 2 Bath
- 1587 sft
214 Hickory St, Munising, MI, 49862
$ 119,900
ROI
24.6Cash Flow/m
162- 4 Bed
- 2 Bath
- 1963 sft
113 W Onota St, Munising, MI, 49862
Why Invest in Munising, Michigan?
Investing in Munising, MI offers promising high rental yield opportunities. The high rental yield combined with a solid cap rate attracts investors seeking steady cash flow and appreciation potential. Rental demand is driven by a growing renter-occupied population and stable local economy. Average rent levels remain affordable, supporting sustained occupancy and favorable returns. Key investment metrics include consistent ROI and positive appreciation trends.
7.2%
Avg. ROI
11.5%
Rental Yield
8.9%
Cap Rate
$450/mo
Avg. Cash Flow
$750/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Munising is approximately 11.5%, making it an attractive option for investors seeking high rental income relative to property value.
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