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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Cornell, MI
$ 249,000
ROI
24.0
Cash Flow/m
294- 2 Bed
- 1 Bath
- 950 sft
412 Cedardale 28th Rd, Cornell, MI, 49818
$ 455,000
ROI
35.3Cash 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
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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