Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Negaunee, MI

Listed for sale 2 days ago
$ 199,000
ROI
24.2
Cash Flow/m
245- 3 Bed
- 1 Bath
- 1056 sft
34 Horseshoe Lake Cir, Negaunee, MI, 49866

$ 129,900
ROI
24.0
Cash Flow/m
151- 3 Bed
- 1 Bath
- 1070 sft
212 Patch Rd, Negaunee, MI, 49866

Fix & Flip
$ 165,000
ROI
31.8
Cash Flow/m
551- 2 Bed
- 1 Bath
- 854 sft
516 Prince St, Negaunee, MI, 49866

$ 260,000
ROI
20.7
Cash Flow/m
70- 3 Bed
- 2 Bath
- 1564 sft
108 Woodland Dr, Negaunee, MI, 49866
Why Invest in Negaunee, Michigan?
Investing in Negaunee, MI offers a unique opportunity for investors interested in small city real estate markets. With an average rental yield of 7%, and a cap rate nearing 6%, properties here provide steady rental income and moderate appreciation. The average cash flow remains stable due to the affordable average rent around $850, combined with a renter occupancy rate of 60%. Economic stability and steady property appreciation make Negaunee an attractive option for those exploring Michigan's Upper Peninsula markets.
8%
Avg. ROI
7%
Rental Yield
5.8%
Cap Rate
$500/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Negaunee is approximately 7%, offering a solid income opportunity for real estate investors.
Find Your Perfect Investment Property in Negaunee, Michigan
Explore investment opportunities by strategy, performance, or property type
