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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Bois Blanc Island, MI
Currently Rented
Rental Income
$ 299,000
ROI
20.0
Cash Flow/m
21- 3 Bed
- 3 Bath
- 2400 sft
355 E Huron Dr, Bois Blanc Island, MI, 49775
$ 149,000
ROI
23.9Cash Flow/m
171- 3 Bed
- 2 Bath
- 1200 sft
1848 Kimball Dr, Bois Blanc Island, MI, 49775
$ 164,900
ROI
24.2Cash Flow/m
204- 3 Bed
- 1 Bath
- 720 sft
3208 Lime Kiln Point Rd, Bois Blanc Island, MI, 49775
$ 240,200
ROI
36.3Cash Flow/m
1103- - Bed
- - Bath
- - sft
804 Hoover Rd, Bois Blanc Island, MI, 49775
Why Invest in Bois Blanc Island, Michigan?
Bois Blanc Island, MI offers high ROI opportunities for investors seeking unique and scenic properties. The island's limited housing supply and increasing tourism drive rental yields around 7%, with average cap rates nearing 8%. Investors benefit from stable cash flow averaging $850 monthly rent and an appreciation rate close to 4%. The location is ideal for those targeting niche markets in vacation and seasonal rentals.
9%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average return on investment is approximately 9%, driven by strong rental yields and steady appreciation in property values.
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