Investment Properties for Sale in Charlevoix, MI
$ 369,900
ROI
21.8
Cash Flow/m
212- 5 Bed
- 2 Bath
- 2128 sft
4358 Witmere Rd #131-S, Charlevoix, MI, 49720
$ 369,900
ROI
27.0Cash Flow/m
744- 5 Bed
- 2 Bath
- 2128 sft
4358 Witmere Rd, Charlevoix, MI, 49720
Fix & Flip
Rental Income
$ 299,000
ROI
31.7Cash Flow/m
995- 2 Bed
- 1 Bath
- 1048 sft
10262 Burgess Rd, Charlevoix, MI, 49720
$ 445,000
ROI
20.8Cash Flow/m
123- 3 Bed
- 2 Bath
- 2654 sft
6699 Bay Shore West Dr, 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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