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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Cash Flow Investment Properties for Sale in Cheboygan, MI
$ 139,500
ROI
74.9
Cash Flow/m
2140- 4 Bed
- 2 Bath
- 1440 sft
437 Duncan Ave, Cheboygan, MI, 49721
$ 254,500
ROI
52.2Cash Flow/m
2297- 5 Bed
- 2 Bath
- 3279 sft
103 N Bailey St, Cheboygan, MI, 49721
$ 125,000
ROI
95.2Cash Flow/m
2624- 3 Bed
- 2 Bath
- 1700 sft
1592 Levering Rd, Cheboygan, MI, 49721
$ 450,000
ROI
41.9Cash Flow/m
2772- 4 Bed
- 3 Bath
- 3472 sft
2168 Orchard Beach Rd, Cheboygan, MI, 49721
Why Invest in Cheboygan, Michigan?
Investors seeking high cash flow properties will find attractive opportunities in Cheboygan, MI. The local market offers an average ROI of 8.5%, with rental yields around 7%, making it a favorable location for steady income. Cap rates average near 6%, supported by affordable property prices and consistent demand. Appreciation rates currently stand at 3%, ensuring equity growth alongside cash flow benefits. Rental properties enjoy a renter-occupied rate of 65%, demonstrating solid tenant stability.
8.5%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Cheboygan offers solid rental yields averaging around 7% combined with affordable property prices. This results in attractive cap rates and monthly cash flow for investors.
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