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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 1 day ago
$ 269,900
ROI
26.1
Cash Flow/m
480- 3 Bed
- 2 Bath
- 1407 sft
2435 Fruit St, Algonac, MI, 48001
Listed for sale 3 days ago
$ 230,000
ROI
21.3Cash Flow/m
97- 3 Bed
- 2 Bath
- 1260 sft
623 Columbia St, Algonac, MI, 48001
Listed for sale 3 days ago
$ 400,000
ROI
20.0Cash Flow/m
31- 3 Bed
- 2 Bath
- 1866 sft
600 Cherry St, Algonac, MI, 48001
Airbnb Potential
Listed for sale 3 days ago
$ 364,900
ROI
28.8Cash Flow/m
921- 3 Bed
- 3 Bath
- 1595 sft
2037 W Park Dr, 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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