Single Family Investment Properties in Alger, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Single Family Investment Properties for Sale in Alger, MI

Property at 6332 Bobcat Trl, Alger, MI
Airbnb Potential
Listed for sale 3 days ago
$ 259,900
ROI
24.1ROI percentage
Cash Flow/m
Dollar sign312
  • 3 Bed
  • 2 Bath
  • 1240 sft
6332 Bobcat Trl, Alger, MI, 48610
Property at 1724 Middle Point Dr, Alger, MI
Listed for sale 3 days ago
$ 299,900
ROI
28.3ROI percentage
Cash Flow/m
Dollar sign716
  • 2 Bed
  • 3 Bath
  • 2625 sft
1724 Middle Point Dr, Alger, MI, 48610
Property at 6450 Otter Trl, Alger, MI
$ 179,900
ROI
21.2ROI percentage
Cash Flow/m
Dollar sign74
  • - Bed
  • - Bath
  • - sft
6450 Otter Trl, Alger, MI, 48610
Property at 364 W Greenwood Rd, Alger, MI
$ 100,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign94
  • 3 Bed
  • 1 Bath
  • 1010 sft
364 W Greenwood Rd, Alger, MI, 48610

Why Invest in Alger, Michigan?

Investing in single-family homes in Alger, MI offers stable rental income driven by consistent rental demand and moderate cap rates. With an average ROI aligning well within Michigan's market, investors benefit from steady appreciation and reliable cash flow. Rental yields here are competitive, supported by a renter-occupied rate that reflects a healthy rental market. This market suits those looking for value in smaller communities with solid employment anchors and growth potential.

7.2%
Avg. ROI
8.5%
Rental Yield
6.5%
Cap Rate
$650/mo
Avg. Cash Flow
$800/mo
Avg. Rent
3.1%
1Y Appreciation

Frequently Asked Questions

The average rental yield for single-family homes in Alger, MI is around 8.5%, making it a solid option for income-focused investors.

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