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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Charlevoix, MI
Listed for sale 4 days ago
$ 285,000
ROI
20.3
Cash Flow/m
42- 3 Bed
- 2 Bath
- 1432 sft
2258 Marion Center Rd, Charlevoix, MI, 49720
$ 550,000
ROI
23.6Cash Flow/m
537- 3 Bed
- 2 Bath
- 2480 sft
10370 Boyne City Rd, Charlevoix, MI, 49720
Rental Income
$ 285,000
ROI
27.8Cash Flow/m
635- 2 Bed
- 1 Bath
- 1184 sft
703 Grant St, Charlevoix, MI, 49720
$ 139,000
ROI
24.5Cash Flow/m
182- 3 Bed
- 1 Bath
- 972 sft
4563 Loeb Rd, Charlevoix, MI, 49720
Why Invest in Charlevoix, Michigan?
Investing in Charlevoix, MI offers attractive opportunities for real estate investors seeking a stable market with diversified rental segments. The city features a solid average ROI of 6.5%, supported by a rental yield of 7.8% and a cap rate near 5.5%. Average cash flow remains positive with a steady appreciation rate around 3.2% annually. Renter occupancy is strong at 68%, reflecting consistent demand in this Michigan community driven by tourism and small business growth.
6.5%
Avg. ROI
7.8%
Rental Yield
5.5%
Cap Rate
$850/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rent in Charlevoix is approximately $950 per month, which reflects steady demand influenced by seasonal tourism and local employment.
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