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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 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
29.2Cash Flow/m
1249- 5 Bed
- 3 Bath
- 3200 sft
15608 Klooster Rd, Charlevoix, MI, 49720
Listed for sale 2 days ago
$ 397,000
ROI
25.4Cash 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
21.5Cash Flow/m
137- 3 Bed
- 2 Bath
- 1150 sft
13620 Clark 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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