High ROI 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 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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