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 2528 Gardner St, Alger, MI
Listed for sale 2 days ago
$ 199,000
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign124
  • 2 Bed
  • 1 Bath
  • 1419 sft
2528 Gardner St, Alger, MI, 48610
Property at 1522 Kingfisher Cir, Alger, MI
Listed for sale 7 days ago
$ 279,900
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign188
  • 3 Bed
  • 2 Bath
  • 1685 sft
1522 Kingfisher Cir, Alger, MI, 48610
Property at 6396 Otter Trail Rd, Alger, MI
$ 259,900
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign409
  • 3 Bed
  • 2 Bath
  • 1646 sft
6396 Otter Trail Rd, Alger, MI, 48610
Property at 5700 Wilderness Dr, Alger, MI
$ 200,000
ROI
20.8ROI percentage
Cash Flow/m
Dollar sign58
  • 3 Bed
  • 2 Bath
  • 1470 sft
5700 Wilderness Dr, 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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