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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 today
$ 184,900
ROI
24.9
Cash Flow/m
263- 3 Bed
- 1 Bath
- 1200 sft
2337 Emmet St, Alpena, MI, 49707
Listed for sale 1 day ago
$ 349,900
ROI
21.0Cash Flow/m
119- 4 Bed
- 2 Bath
- 3108 sft
215 Fair Ave, Alpena, MI, 49707
Listed for sale 1 day ago
$ 153,000
ROI
23.1Cash Flow/m
144- 3 Bed
- 1 Bath
- 1916 sft
303 McKinley Ave, Alpena, MI, 49707
Listed for sale 1 day ago
$ 249,000
ROI
20.3Cash Flow/m
35- 3 Bed
- 3 Bath
- 1474 sft
126 Garfield 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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