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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Algonac, MI
Listed for sale 2 days ago
$ 210,000
ROI
24.8
Cash Flow/m
293- 2 Bed
- 1 Bath
- 980 sft
9083 Island Dr, Algonac, MI, 48001
Listed for sale 4 days ago
$ 375,000
ROI
27.5Cash Flow/m
808- 5 Bed
- 3 Bath
- 3146 sft
6143 Pointe Tremble Rd, Algonac, MI, 48001
Listed for sale 5 days ago
$ 275,000
ROI
25.0Cash Flow/m
402- 3 Bed
- 2 Bath
- 1360 sft
1032 Summer St, Algonac, MI, 48001
Listed for sale 6 days ago
$ 275,000
ROI
25.1Cash Flow/m
411- 3 Bed
- 2 Bath
- 1650 sft
9533 Amy Rd, Algonac, MI, 48001
Why Invest in Algonac, Michigan?
Investing in Algonac, MI offers promising opportunities, especially for those interested in residential properties. The average ROI in Algonac is attractive, supported by a rental yield of approximately 7% and a cap rate near 6%. With an average cash flow of $850 monthly and steady appreciation rates around 3%, Algonac provides a balanced real estate market for investors. The renter-occupied rate is around 45%, indicating stable demand from tenants, making it a viable location for real estate investment.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Algonac is approximately 7%, making it an attractive location for rental property investors.
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