Investment Properties for Sale in Negaunee, MI
Fix & Flip
Listed for sale 3 days ago
$ 210,000
ROI
21.0
Cash Flow/m
73- 4 Bed
- 1 Bath
- 1959 sft
118 Rock St, Negaunee, MI, 49866
Listed for sale 6 days ago
$ 179,900
ROI
24.3Cash Flow/m
226- 3 Bed
- 1 Bath
- 1490 sft
127 M 35, Negaunee, MI, 49866
Fix & Flip
$ 275,900
ROI
30.2Cash Flow/m
801- 5 Bed
- 2 Bath
- 2274 sft
101 E Arch St, Negaunee, MI, 49866
$ 350,000
ROI
25.2Cash Flow/m
531- 4 Bed
- 2 Bath
- 2354 sft
326 County Road Mp, 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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