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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 2 days ago
$ 199,900
ROI
24.0
Cash Flow/m
238- 3 Bed
- 2 Bath
- 1863 sft
7985 E Us Highway 23, Cheboygan, MI, 49721
Listed for sale 3 days ago
$ 229,900
ROI
24.0Cash Flow/m
271- 3 Bed
- 2 Bath
- 1440 sft
8200 Lakewood Dr, Cheboygan, MI, 49721
Listed for sale 4 days ago
$ 325,000
ROI
20.6Cash Flow/m
74- 2 Bed
- 2 Bath
- 1337 sft
5423 Reynolds Rd, Cheboygan, MI, 49721
Listed for sale 5 days ago
$ 249,000
ROI
27.8Cash Flow/m
554- 3 Bed
- 3 Bath
- 1253 sft
6903 Tim Buck Trl, 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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