Multi Family Investment Properties for Sale in Boyne City, MI
131- 3 Bed
- 1 Bath
- 1000 sft
145- 2 Bed
- 1 Bath
- 720 sft
128- 3 Bed
- 1 Bath
- 1485 sft
141- 2 Bed
- 1 Bath
- 1080 sft
389- 6 Bed
- 1 Bath
- 2350 sft
- 3 Bed
- 2 Bath
- 1244 sft
129- 2 Bed
- 1 Bath
- 1320 sft
-- 3 Bed
- 2 Bath
- 1152 sft
140- 2 Bed
- 1 Bath
- 804 sft
141- 3 Bed
- 1 Bath
- 1208 sft
91- 2 Bed
- 1 Bath
- 778 sft
134- - Bed
- - Bath
- - sft
- 1 Bed
- 1 Bath
- 793 sft
326- 2 Bed
- 2 Bath
- - sft
130- 2 Bed
- 1 Bath
- 696 sft
117- 3 Bed
- 1 Bath
- 960 sft
- 1 Bed
- 1 Bath
- 596 sft
144- 2 Bed
- 1 Bath
- 874 sft
123- 2 Bed
- 2 Bath
- 969 sft
135- 2 Bed
- 1 Bath
- 1031 sft
98- 2 Bed
- 1 Bath
- 1040 sft
122- - Bed
- - Bath
- 1296 sft
139- 3 Bed
- 1 Bath
- 929 sft
100- 2 Bed
- 1 Bath
- 780 sft
Why Invest in Boyne City, Michigan?
Investing in multi-family properties in Boyne City, MI offers a unique opportunity to capitalize on a growing rental market with stable cash flows. The area's average ROI stands at a solid 7.2%, supported by a rental yield of 5.5% and an average cap rate of 6.8%. With average monthly rents at $1,100 and consistent property appreciation of 3.5%, investors can expect steady average cash flow of $300 per unit. The renter-occupied rate remains high at 62%, reflecting strong demand in this charming northern Michigan city.
Frequently Asked Questions
Boyne City offers a stable rental market with solid ROI and cash flow metrics, supported by a growing local economy and steady population growth. Its appeal as a resort town also contributes to sustained rental demand.
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