Single Family Investment Properties for Sale in Alger, MI
Airbnb Potential
$ 225,000
ROI
27.9
Cash Flow/m
507- 3 Bed
- 2 Bath
- 1456 sft
636 Wilderness Dr, Alger, MI, 48610
Motivated Seller
$ 199,999
ROI
28.2Cash Flow/m
468- 3 Bed
- 2 Bath
- 1240 sft
6332 Bobcat Trl, Alger, MI, 48610
Airbnb Potential
$ 180,000
ROI
20.4Cash Flow/m
31- 2 Bed
- 1 Bath
- 988 sft
1536 Possum Track Rd, Alger, MI, 48610
Airbnb Potential
$ 125,000
ROI
29.7Cash Flow/m
344- 2 Bed
- 1 Bath
- 592 sft
5172 S M 33, 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.
Find Your Perfect Investment Property in Alger, Michigan
Explore investment opportunities by strategy, performance, or property type
