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

Listed for sale 1 day ago
$ 295,000
ROI
22.9
Cash Flow/m
255- 3 Bed
- 2 Bath
- 1297 sft
128 Johnson Rd, Negaunee, MI, 49866

Listed for sale 2 days ago
$ 285,000
ROI
30.4
Cash Flow/m
840- 3 Bed
- 2 Bath
- 1544 sft
623 County Rd, Negaunee, MI, 49866

$ 235,000
ROI
31.6
Cash Flow/m
775- 3 Bed
- 2 Bath
- 1195 sft
414 Peninsula St, Negaunee, MI, 49866

$ 309,000
ROI
22.8
Cash Flow/m
258- 3 Bed
- 2 Bath
- 1337 sft
634 County Rd, 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.
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