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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Baraga, MI
$ 100,000
ROI
54.9
Cash Flow/m
977- 3 Bed
- 1 Bath
- 1310 sft
205 N Superior Ave, Baraga, MI, 49908
$ 120,500
ROI
31.4Cash Flow/m
391- 3 Bed
- 1 Bath
- 1232 sft
215 Main St, Baraga, MI, 49908
$ 190,000
ROI
33.6Cash Flow/m
732- 3 Bed
- 2 Bath
- 1440 sft
14055 Wadaga Rd, Baraga, MI, 49908
$ 274,900
ROI
20.5Cash Flow/m
53- 3 Bed
- 2 Bath
- 1517 sft
15600 Bellaire Rd, Baraga, MI, 49908
Why Invest in Baraga, Michigan?
Investing in Baraga, MI offers high rental yield opportunities for savvy investors. With the 'high rental yield' focus, rental properties here average a cap rate of around 9%, making it attractive for steady cash flow. The average ROI stands at 7%, supported by a rental yield of 8.5%, and average rent approximating $800 per month. Appreciation rates remain modest at 1.3%, reflecting stable market conditions. Approximately 56% renter occupancy highlights a solid tenant base in this niche market.
7%
Avg. ROI
8.5%
Rental Yield
9%
Cap Rate
$500/mo
Avg. Cash Flow
$800/mo
Avg. Rent
1.3%
1Y Appreciation
Frequently Asked Questions
Investors can expect an average ROI around 7% with a cap rate near 9%, reflecting strong cash flow potential in Baraga's rental market.
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