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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 5 days ago
$ 285,000
ROI
20.3
Cash Flow/m
42- 3 Bed
- 2 Bath
- 1432 sft
2258 Marion Center Rd, Charlevoix, MI, 49720
$ 550,000
ROI
23.6Cash Flow/m
537- 3 Bed
- 2 Bath
- 2480 sft
10370 Boyne City Rd, Charlevoix, MI, 49720
Rental Income
$ 285,000
ROI
27.8Cash Flow/m
635- 2 Bed
- 1 Bath
- 1184 sft
703 Grant St, Charlevoix, MI, 49720
$ 139,000
ROI
24.5Cash Flow/m
182- 3 Bed
- 1 Bath
- 972 sft
4563 Loeb 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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