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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield 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 high rental yield properties in Algonac, MI offers promising returns for real estate investors. The city's rental yield averages around 8%, outperforming many parts of Michigan. With an average ROI of 7.5% and a stable cap rate near 6%, Algonac provides consistent cash flow opportunities. Average rents are competitive, and appreciation trends remain positive, making it a solid location for rental investments focused on maximizing income.
7.5%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Algonac offers competitive rental yields around 8% with steady job growth and limited new housing supply, creating favorable conditions for investors seeking consistent cash flow.
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