High Rental Yield Investment Properties for Sale in Cheboygan, MI
Listed for sale 5 days ago
$ 249,000
ROI
23.9
Cash Flow/m
288- 2 Bed
- 2 Bath
- 960 sft
2562 Pinewood Cir, Cheboygan, MI, 49721
Listed for sale 6 days ago
$ 235,000
ROI
21.8Cash Flow/m
135- 3 Bed
- 1 Bath
- 2040 sft
7506 Church Rd, Cheboygan, MI, 49721
Listed for sale 7 days ago
$ 360,000
ROI
31.5Cash Flow/m
1180- 4 Bed
- 3 Bath
- 3341 sft
2826 Vanyea Rd, Cheboygan, MI, 49721
Fix & Flip
Listed for sale 7 days ago
$ 160,000
ROI
23.8Cash Flow/m
180- 3 Bed
- 1 Bath
- 1386 sft
615 Duncan Ave, 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.
Find Your Perfect Investment Property in Cheboygan, Michigan
Explore investment opportunities by strategy, performance, or property type
