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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Charlevoix, MI
Listed for sale 4 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 4 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 6 days ago
$ 599,000
ROI
23.7Cash Flow/m
595- 3 Bed
- 2 Bath
- 2324 sft
4176 Highway 66 #M, Charlevoix, MI, 49720
$ 349,000
ROI
30.7Cash Flow/m
1061- 3 Bed
- 2 Bath
- 1569 sft
5110 Church Hill Dr, Charlevoix, MI, 49720
Why Invest in Charlevoix, Michigan?
Investing in single-family homes in Charlevoix, MI offers a unique opportunity to capitalize on a steady rental market and growing local economy. The city's stable average rental yields and moderate appreciation rates make it appealing for both new and seasoned investors. With a solid cap rate and positive cash flow metrics, Charlevoix's housing market continues to attract renters and homeowners alike. The area's renter occupancy remains healthy, supporting sustainable income for real estate investments.
7.5%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Charlevoix is around 8%, reflecting a healthy rental market suitable for investors seeking steady income.
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