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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 3 days ago
$ 219,000
ROI
25.4
Cash Flow/m
341- 2 Bed
- 1 Bath
- 1350 sft
8335 Us Highway 23, Cheboygan, MI, 49721
Listed for sale 3 days ago
$ 135,000
ROI
24.5Cash Flow/m
177- 3 Bed
- 2 Bath
- 1719 sft
202 S Western Ave, Cheboygan, MI, 49721
Listed for sale 3 days ago
$ 299,000
ROI
22.8Cash Flow/m
255- 3 Bed
- 2 Bath
- 1531 sft
9378 Manderson Dr, Cheboygan, MI, 49721
Listed for sale 3 days ago
$ 279,989
ROI
26.7Cash Flow/m
538- 3 Bed
- 2 Bath
- 1800 sft
14200 Scenic Ct, 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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