Single Family 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 single-family homes in Cheboygan, MI offers a stable opportunity with a growing rental market and affordable property prices. The local rental yield averages around 7%, with a cap rate near 6%, reflecting solid returns for investors. Average cash flow is positive, supported by an average rent of approximately $850 monthly. Appreciation rates hover near 2.5% annually, bolstered by steady renter occupancy above 60%. This market appeals to investors seeking consistent income and moderate growth in Michigan's northern region.
7%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Cheboygan is around 7%, making it a solid market for rental income investors.
Find Your Perfect Investment Property in Cheboygan, Michigan
Explore investment opportunities by strategy, performance, or property type
