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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Charlevoix, MI
Listed for sale 4 days ago
$ 425,000
ROI
20.8
Cash Flow/m
122- 3 Bed
- 2 Bath
- 1151 sft
8858 Western Ave, Charlevoix, MI, 49720
Listed for sale 4 days ago
$ 469,000
ROI
25.9Cash Flow/m
805- 3 Bed
- 2 Bath
- 1753 sft
12593 Fern Pl, Charlevoix, MI, 49720
Listed for sale 6 days ago
$ 599,000
ROI
23.7Cash Flow/m
595- 3 Bed
- 2 Bath
- 2324 sft
4176 Highway 66 #M, Charlevoix, MI, 49720
Listed for sale 7 days ago
$ 299,900
ROI
20.3Cash Flow/m
44- 3 Bed
- 2 Bath
- 1477 sft
14625 Springwood Rd, Charlevoix, MI, 49720
Why Invest in Charlevoix, Michigan?
Investing in rental properties in Charlevoix, MI, offers great potential for high rental yield, appealing to investors seeking strong cash flow options. The area boasts an average ROI of around 8%, with rental yields surpassing 10%, reflecting solid demand from renter-occupied housing markets. Cap rates remain favorable around 7%, supporting steady appreciation with an average annual growth near 3%. Investors focusing on high rental yield properties here benefit from a robust local economy and consistent renter occupancy rates near 65%.
8%
Avg. ROI
10.5%
Rental Yield
7%
Cap Rate
$900/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Charlevoix is approximately 10.5%, making it attractive for investors seeking high cash flow properties.
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