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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
Fix & Flip
Listed for sale 7 days ago
$ 150,000
ROI
24.5
Cash Flow/m
196- 3 Bed
- 1 Bath
- 928 sft
5681 M 66 N, Charlevoix, MI, 49720
Currently Rented
$ 229,000
ROI
20.4Cash Flow/m
41- 1 Bed
- 1 Bath
- 591 sft
101 Michigan Ave #109, Charlevoix, MI, 49720
Rental Income
$ 229,000
ROI
20.6Cash Flow/m
52- 1 Bed
- 1 Bath
- 531 sft
101 Michigan Ave #105, Charlevoix, MI, 49720
$ 399,900
ROI
20.8Cash Flow/m
114- 3 Bed
- 2 Bath
- 2116 sft
1130 Red Pine Run, 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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