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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Alpena, MI
Listed for sale 2 days ago
$ 175,000
ROI
24.2
Cash Flow/m
217- 2 Bed
- 2 Bath
- 1104 sft
8420 Us Highway 23 N, Alpena, MI, 49707
Listed for sale 4 days ago
$ 283,500
ROI
20.3Cash Flow/m
38- 3 Bed
- 2 Bath
- 2432 sft
1090 Oakridge Dr, Alpena, MI, 49707
Listed for sale 4 days ago
$ 219,900
ROI
31.0Cash Flow/m
688- 3 Bed
- 3 Bath
- 2324 sft
415 Marywood Dr, Alpena, MI, 49707
$ 209,900
ROI
31.9Cash Flow/m
710- 3 Bed
- 2 Bath
- 1188 sft
734 Clinton St, Alpena, MI, 49707
Why Invest in Alpena, Michigan?
Investing in Alpena, MI, offers high ROI opportunities in a growing market with a strong rental demand. The rental yield here is robust, supported by a steady cap rate and consistent cash flow. Appreciation rates in Alpena remain stable, attracting diverse investors. The renter-occupied rate highlights a dependable tenant base, making Alpena an appealing choice for real estate investment focused on high cash flow properties.
8.2%
Avg. ROI
7.5%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Alpena offers robust rental yields, a steady cap rate, and consistent cash flow due to a stable local economy and growing rental demand. These factors contribute to attractive ROI for investors.
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