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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Cornell, MI
$ 455,000
ROI
35.3
Cash Flow/m
1966- 3 Bed
- 3 Bath
- 2566 sft
10607 I Rd, Cornell, MI, 49818
$ 210,000
ROI
22.1Cash Flow/m
136- 1 Bed
- 1 Bath
- 500 sft
3942 County Road 426, Cornell, MI, 49818
$ 285,000
ROI
23.4Cash Flow/m
288- 2 Bed
- 1 Bath
- 1078 sft
10636 Boney Falls H Rd, Cornell, MI, 49818
$ 100,000
ROI
61.0Cash Flow/m
1147- - Bed
- - Bath
- - sft
County Road 426, Cornell, MI, 49818
Why Invest in Cornell, Michigan?
Investing in Cornell, MI offers promising opportunities in the residential real estate sector. The local market shows an average ROI of 7.2% complemented by healthy rental yields of 6.8%. Cap rates remain stable at around 5.5%, supporting consistent cash flow averaging $500 monthly. Appreciation rates over the past five years have averaged 3.2%, making this an attractive location for buy-and-hold investors. Rental occupancy is strong at 78%, ensuring demand for quality rental properties.
7.2%
Avg. ROI
6.8%
Rental Yield
5.5%
Cap Rate
$500/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Cornell, MI is approximately 6.8%, making it a competitive market for rental property investors.
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