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 2823 River Ridge Rd, Alger, MI
Listed for sale 4 days ago
$ 120,000
ROI
31.2ROI percentage
Cash Flow/m
Dollar sign381
  • 2 Bed
  • 1 Bath
  • - sft
2823 River Ridge Rd, Alger, MI, 48610
Property at 1520 Northwoods Dr, Alger, MI
Airbnb Potential
$ 114,900
ROI
24.1ROI percentage
Cash Flow/m
Dollar sign139
  • 2 Bed
  • 1 Bath
  • 960 sft
1520 Northwoods Dr, Alger, MI, 48610
Property at 2830 River Ridge Rd, Alger, MI
$ 139,000
ROI
23.7ROI percentage
Cash Flow/m
Dollar sign153
  • 3 Bed
  • 1 Bath
  • 1170 sft
2830 River Ridge Rd, Alger, MI, 48610
Property at 1769 E M 30, Alger, MI
$ 250,000
ROI
20.6ROI percentage
Cash Flow/m
Dollar sign61
  • 2 Bed
  • 2 Bath
  • 1652 sft
1769 E M 30, 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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