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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI 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
26.9
Cash Flow/m
389- 3 Bed
- 2 Bath
- 1456 sft
6256 Blackberry Dr, Alger, MI, 48610

Airbnb Potential
$ 114,900
ROI
24.1
Cash Flow/m
139- 2 Bed
- 1 Bath
- 960 sft
1520 Northwoods Dr, Alger, MI, 48610

$ 139,000
ROI
23.7
Cash Flow/m
153- 3 Bed
- 1 Bath
- 1170 sft
2830 River Ridge Rd, Alger, MI, 48610
Why Invest in Alger, Michigan?
Investing in high ROI properties in Alger, MI offers opportunities in a growing market with strong rental yields and capitalization rates. This area is attracting investors looking for consistent cash flow and solid appreciation potential. The average rental yield remains competitive at around 7%, supported by a renter-occupied rate exceeding 55%. Alger's market benefits from affordability combined with rising average rents, making it ideal for high ROI focused portfolios.
8.5%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$850/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average return on investment in Alger is approximately 8.5%, reflecting strong rental yields and consistent appreciation.
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