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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Cheboygan, MI
Listed for sale 7 days ago
$ 185,000
ROI
24.8
Cash Flow/m
258- 2 Bed
- 2 Bath
- 1500 sft
300 Littlefield St, Cheboygan, MI, 49721
$ 290,000
ROI
21.9Cash Flow/m
174- 3 Bed
- 2 Bath
- 2880 sft
8887 Galbraith Rd, Cheboygan, MI, 49721
$ 139,900
ROI
24.9Cash Flow/m
200- 3 Bed
- 1 Bath
- 1304 sft
13341 Restawhile Rd, Cheboygan, MI, 49721
$ 239,900
ROI
20.3Cash Flow/m
37- 3 Bed
- 2 Bath
- 1568 sft
4111 Wartella Rd, Cheboygan, MI, 49721
Why Invest in Cheboygan, Michigan?
Investing in high rental yield properties in Cheboygan, MI offers a compelling opportunity for steady cash flow and strong returns. This region boasts an average rental yield of 8.5%, with cap rates around 7%, making it attractive for income-focused investors. Average rents are approximately $850 per month, supporting a positive cash flow near $150 monthly. The area's appreciation rate of 3% annually and a renter occupancy rate exceeding 65% further underline its investment potential.
7.2%
Avg. ROI
8.5%
Rental Yield
7%
Cap Rate
$150/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for high rental yield properties in Cheboygan is approximately 8.5%, making it a solid choice for investors seeking good cash flow.
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