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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 2 days ago
$ 418,000
ROI
25.7
Cash Flow/m
691- 3 Bed
- 2 Bath
- 1780 sft
6273 Maple Grove Rd, Charlevoix, MI, 49720
Fix & Flip
Listed for sale 2 days ago
$ 475,000
ROI
29.2Cash Flow/m
1249- 5 Bed
- 3 Bath
- 3200 sft
15608 Klooster Rd, Charlevoix, MI, 49720
Listed for sale 2 days ago
$ 397,000
ROI
25.4Cash Flow/m
618- 5 Bed
- 2 Bath
- 2104 sft
8864 Major Douglas Sloan Rd, Charlevoix, MI, 49720
Listed for sale 3 days ago
$ 280,000
ROI
21.5Cash Flow/m
137- 3 Bed
- 2 Bath
- 1150 sft
13620 Clark 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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