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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Algonac, MI
Fix & Flip
Listed for sale 7 days ago
$ 109,999
ROI
24.1
Cash Flow/m
132- 3 Bed
- 1 Bath
- 840 sft
259 William St, Algonac, MI, 48028
Fix & Flip
$ 220,000
ROI
22.9Cash Flow/m
189- 2 Bed
- 2 Bath
- 1214 sft
204 Saint Clair River Dr, Algonac, MI, 48001
Fix & Flip
$ 220,000
ROI
27.5Cash Flow/m
476- 3 Bed
- 1 Bath
- 1482 sft
6289 Swartout Rd, Algonac, MI, 48001
Fix & Flip
Rental Income
$ 250,000
ROI
43.9Cash Flow/m
1679- 3 Bed
- 3 Bath
- 2040 sft
7434 Dyke Rd, Algonac, MI, 48001
Why Invest in Algonac, Michigan?
Investing in fix and flip properties in Algonac, MI presents a promising opportunity for real estate investors seeking steady returns. The local market benefits from an average ROI of 9.5%, supported by a cap rate of 7% and rental yields around 6%. Algonac's real estate appreciation rate is approximately 3% annually, while average cash flow averages $400 per property. Additionally, the renter-occupied rate of 45% indicates a healthy rental market to complement fix and flip investments.
9.5%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for fix and flip properties in Algonac is approximately 9.5%, making it a favorable market for investors seeking profitable returns.
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