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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 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
29.2
Cash Flow/m
1249- 5 Bed
- 3 Bath
- 3200 sft
15608 Klooster Rd, Charlevoix, MI, 49720

Listed for sale 2 days ago
$ 397,000
ROI
25.4
Cash 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
21.5
Cash Flow/m
137- 3 Bed
- 2 Bath
- 1150 sft
13620 Clark 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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