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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Munising, MI
$ 149,000
ROI
24.5
Cash Flow/m
195- 3 Bed
- 2 Bath
- 1690 sft
924 W Superior St, Munising, MI, 49862
$ 264,500
ROI
26.0Cash Flow/m
457- 3 Bed
- 2 Bath
- 1810 sft
304 Oak St, Munising, MI, 49862
$ 194,000
ROI
26.1Cash Flow/m
343- 2 Bed
- 1 Bath
- 1063 sft
311 Chestnut St, Munising, MI, 49862
$ 189,000
ROI
25.8Cash Flow/m
316- 2 Bed
- 1 Bath
- 1203 sft
228 E Chocolay St, Munising, MI, 49862
Why Invest in Munising, Michigan?
Investing in Munising, MI offers an attractive opportunity for those seeking high ROI properties. The local market features a strong average ROI of around 8%, supported by a rental yield near 7%. Cap rates remain favorable at approximately 6%, making Munising a lucrative location for rental income and steady appreciation. Investors can also expect an average cash flow of $500 per month, fueled by reasonable average rents and a healthy renter occupancy rate.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$500/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for high ROI properties in Munising is around 7%, making it a competitive market for rental investors.
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