High ROI Investment Properties for Sale in Boyne City, MI
Listed for sale 7 days ago
$ 499,900
ROI
22.1
Cash Flow/m
332- 4 Bed
- 2 Bath
- 2400 sft
554 N Snyder Rd, Boyne City, MI, 49712
$ 199,900
ROI
24.5Cash Flow/m
261- 2 Bed
- 2 Bath
- 2000 sft
1385 Dam Rd, Boyne city, MI, 49712
$ 370,000
ROI
28.4Cash Flow/m
890- 3 Bed
- 2 Bath
- 1988 sft
145 W Court St, Boyne City, MI, 49712
$ 399,999
ROI
21.6Cash Flow/m
200- 3 Bed
- 2 Bath
- 2060 sft
1141 Pleasant Ave, Boyne city, MI, 49712
Why Invest in Boyne City, Michigan?
Investing in high ROI properties in Boyne City, MI, offers a unique opportunity to tap into a growing local market. With an average ROI of 8.2%, investors benefit from strong rental yields of 7.1% and cap rates close to 6%. Average cash flow remains healthy due to moderate rent prices averaging $1,050 per month. Appreciation rates of around 4% signal steady growth, supported by a renter-occupied rate of 58%, indicating a robust tenant base.
8.2%
Avg. ROI
7.1%
Rental Yield
5.8%
Cap Rate
$300/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Properties categorized under high ROI in Boyne City typically see average returns around 8.2%, supported by healthy rental yields and steady appreciation.
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