Investment Properties for Sale in Algonac, MI
Listed for sale 1 day ago
$ 499,900
ROI
20.2
Cash Flow/m
57- 5 Bed
- 2 Bath
- 1904 sft
9910 N River Rd, Algonac, MI, 48001
Listed for sale 5 days ago
$ 184,900
ROI
23.2Cash Flow/m
179- 3 Bed
- 1 Bath
- 1000 sft
549 Edward St, Algonac, MI, 48001
$ 150,000
ROI
24.9Cash Flow/m
213- 3 Bed
- 1 Bath
- 1232 sft
843 Golfview Ave, Algonac, MI, 48001
$ 195,000
ROI
31.4Cash Flow/m
633- 3 Bed
- 1 Bath
- 1100 sft
371 Colonial Ln, 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.
Find Your Perfect Investment Property in Algonac, Michigan
Explore investment opportunities by strategy, performance, or property type
