High ROI Investment Properties for Sale in Alpena, MI
Listed for sale 3 days ago
$ 124,900
ROI
23.9
Cash Flow/m
144- 2 Bed
- 1 Bath
- 939 sft
2337 Werth Rd, Alpena, MI, 49707
Listed for sale 5 days ago
$ 104,900
ROI
24.7Cash Flow/m
145- 2 Bed
- 1 Bath
- 762 sft
1065 Pine Rd, Alpena, MI, 49707
Listed for sale 6 days ago
$ 195,500
ROI
24.0Cash Flow/m
231- 3 Bed
- 2 Bath
- 2356 sft
2737 S 3rd Ave, Alpena, MI, 49707
$ 109,900
ROI
23.6Cash Flow/m
118- 2 Bed
- 1 Bath
- 2730 sft
426 W Mirre 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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