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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Boyne City, MI
Listed for sale 4 days ago
$ 225,000
ROI
25.0
Cash Flow/m
327- 2 Bed
- 2 Bath
- 988 sft
611 Jersey 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
$ 249,000
ROI
24.7Cash Flow/m
342- 3 Bed
- 1 Bath
- 1045 sft
121 W Division St, Boyne City, MI, 49712
$ 289,900
ROI
26.9Cash Flow/m
577- 3 Bed
- 2 Bath
- 1456 sft
2949 Fall Park Rd, 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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