Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Alger, MI
Listed for sale 4 days ago
$ 120,000
ROI
31.2
Cash Flow/m
381- 2 Bed
- 1 Bath
- - sft
2823 River Ridge Rd, Alger, MI, 48610
$ 195,000
ROI
26.9Cash Flow/m
389- 3 Bed
- 2 Bath
- 1456 sft
6256 Blackberry Dr, Alger, MI, 48610
Airbnb Potential
$ 114,900
ROI
24.1Cash Flow/m
139- 2 Bed
- 1 Bath
- 960 sft
1520 Northwoods Dr, Alger, MI, 48610
$ 139,000
ROI
23.7Cash Flow/m
153- 3 Bed
- 1 Bath
- 1170 sft
2830 River Ridge Rd, Alger, MI, 48610
Why Invest in Alger, Michigan?
Investing in Alger, MI offers a unique opportunity to capitalize on the growing rental market and stable appreciation rates. The area shows an average ROI of 7%, with rental yields around 6% supporting steady cash flow. Appreciation rates remain moderate at 3%, aligned with Michigan's economic development. Alger's renter-occupied properties account for nearly 55%, demonstrating a solid tenant base for investors. This makes it an attractive location for diversified real estate investments.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$900/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Alger, MI is approximately 6%, providing stable returns for investors.
Find Your Perfect Investment Property in Alger, Michigan
Explore investment opportunities by strategy, performance, or property type
