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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Corunna, MI
Listed for sale today
$ 179,900
ROI
26.6
Cash Flow/m
342- 4 Bed
- 1 Bath
- 1308 sft
117 W McNeil St, Corunna, MI, 48817
$ 180,000
ROI
24.1Cash Flow/m
216- 4 Bed
- 3 Bath
- 1700 sft
110 E McNeil St, Corunna, MI, 48817
$ 249,900
ROI
28.3Cash Flow/m
591- 3 Bed
- 2 Bath
- 1454 sft
684 Hillside Dr, Corunna, MI, 48817
$ 159,000
ROI
28.2Cash Flow/m
373- 4 Bed
- 2 Bath
- 1280 sft
216 Oak St, Corunna, MI, 48817
Why Invest in Corunna, Michigan?
Investing in Corunna, MI presents unique opportunities for real estate investors, especially in the residential sector. The city offers a steady average ROI of around 7%, with rental yields at 6%, making it attractive for consistent cash flow. The cap rate is stable at approximately 6.5%, while average cash flow supports sustainable investment. Corunna's average rent remains affordable, encouraging renter occupancy at 55%, and appreciation sits near 3%, indicating steady growth potential.
7%
Avg. ROI
6%
Rental Yield
6.5%
Cap Rate
$500/mo
Avg. Cash Flow
$800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The rental yield in Corunna typically averages around 6%, making it a viable market for rental property investments with steady returns.
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