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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K 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
$ 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
Airbnb Potential
$ 185,000
ROI
26.0Cash Flow/m
323- 3 Bed
- 1 Bath
- 961 sft
105 Chestnut St, Munising, MI, 49862
Why Invest in Munising, Michigan?
Investing in Munising, MI properties under $200k offers an affordable entry into Michigan's growing real estate market. This area shows a solid average ROI of 7.2% and a rental yield of 6.5%, ideal for budget-conscious investors. The cap rate stands at 7%, driven by a steady appreciation rate of 2.3% annually. With average cash flow near $750 and average rent around $850, Munising attracts renters with its balanced economic foundation and natural charm.
7.2%
Avg. ROI
6.5%
Rental Yield
7%
Cap Rate
$750/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $200k in Munising is approximately 6.5%, making it an attractive market for budget-conscious investors seeking rental income.
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