Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Munising, MI
$ 160,000
ROI
24.3
Cash Flow/m
201- 4 Bed
- 1 Bath
- 1661 sft
322 W Superior St, Munising, MI, 49862
$ 189,000
ROI
24.2Cash Flow/m
236- 3 Bed
- 2 Bath
- 2085 sft
208 E Onota St, Munising, MI, 49862
$ 179,900
ROI
23.4Cash Flow/m
180- 3 Bed
- 2 Bath
- 1389 sft
116 W Varnum St, Munising, MI, 49862
$ 184,500
ROI
31.2Cash Flow/m
586- 3 Bed
- 2 Bath
- 1295 sft
1515 Bullivant St, Munising, MI, 49862
Why Invest in Munising, Michigan?
Munising, MI offers attractive real estate investment opportunities under $500k, ideal for budget-conscious investors. The area boasts a solid average ROI of 7.5% and a rental yield near 6%, reflecting steady demand. Cap rates hover around 8%, supported by an average cash flow of $400 monthly. With average rents around $900 and a modest 2% annual appreciation, the market shows resilience. Approximately 65% of housing units are renter-occupied, ensuring a steady tenant base.
7.5%
Avg. ROI
6%
Rental Yield
8%
Cap Rate
$400/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties under $500k in Munising is approximately 7.5%, making it a compelling option for real estate investors.
Find Your Perfect Investment Property in Munising, Michigan
Explore investment opportunities by strategy, performance, or property type
