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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Charlevoix, MI
Listed for sale 3 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 3 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 5 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 6 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 Charlevoix, MI offers promising opportunities for those seeking high ROI properties. This scenic city demonstrates an average ROI of 8.5%, supported by a rental yield of 6.2% and a steady cap rate of 5%. The average cash flow remains positive at $350 per month, with average rents around $1,200. Appreciation rates are encouraging at 3%, reflecting growing demand in this lakeside community. Additionally, about 60% of households are renter-occupied, indicating a healthy rental market for investors.
8.5%
Avg. ROI
6.2%
Rental Yield
5%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
High ROI properties in Charlevoix typically offer an average return on investment around 8.5%, supported by solid rental yields and appreciation.
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