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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
$ 399,900
ROI
20.8
Cash Flow/m
114- 3 Bed
- 2 Bath
- 2116 sft
1130 Red Pine Run, Charlevoix, MI, 49720
$ 155,000
ROI
24.7Cash Flow/m
215- 3 Bed
- 2 Bath
- 1200 sft
7245 Upper Kelsey Dr #80, Charlevoix, MI, 49720
$ 396,000
ROI
20.3Cash Flow/m
55- 3 Bed
- 2 Bath
- 1520 sft
510 W Hurlbut St, Charlevoix, MI, 49720
$ 156,500
ROI
25.0Cash Flow/m
227- 4 Bed
- 2 Bath
- 1512 sft
6685 M 66 N Lot 121, 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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