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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI 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 ROI properties in Cheboygan, MI offers a unique opportunity for steady income growth. This area demonstrates an average ROI of 8.5%, with rental yields around 7%. Cap rates remain competitive at 6.8%, supporting strong cash flow for investors. Appreciation rates have been steady at 3.2% annually. The renter-occupied market is healthy, comprising 38% of households, indicating strong rental demand.
8.5%
Avg. ROI
7%
Rental Yield
6.8%
Cap Rate
$800/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
Cheboygan offers competitive cap rates and steady rental yields supported by a growing local economy and low vacancy rates. These factors help ensure a reliable income stream for investors.
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