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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
Listed for sale 2 days ago
$ 122,500
ROI
24.5
Cash Flow/m
162- 2 Bed
- 1 Bath
- 1011 sft
207 Chestnut St, Munising, MI, 49862
Listed for sale 4 days ago
$ 168,900
ROI
26.0Cash Flow/m
291- 2 Bed
- 2 Bath
- 1077 sft
N6889 Connors Rd APT 4, Munising, MI, 49862
Listed for sale 5 days ago
$ 124,900
ROI
24.6Cash Flow/m
169- 3 Bed
- 1 Bath
- 1623 sft
304 W Onota St, Munising, MI, 49862
$ 174,000
ROI
24.4Cash Flow/m
223- 4 Bed
- 2 Bath
- 2372 sft
602 Cedar 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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