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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
$ 159,000
ROI
24.1
Cash Flow/m
190- 2 Bed
- 2 Bath
- 1776 sft
115 N Superior Ave, Baraga, MI, 49908
$ 129,999
ROI
24.3Cash Flow/m
165- 2 Bed
- 1 Bath
- 768 sft
14220 Mapleview Dr, Baraga, MI, 49908
$ 194,500
ROI
27.6Cash Flow/m
426- 3 Bed
- 1 Bath
- 1521 sft
404 Bowling Ave, Baraga, MI, 49908
$ 235,000
ROI
23.5Cash Flow/m
243- 4 Bed
- 1 Bath
- 1435 sft
13926 Jurmu 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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