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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 7 days ago
$ 154,900
ROI
23.3
Cash Flow/m
155- 2 Bed
- 1 Bath
- 1040 sft
207 W State St, Corunna, MI, 48817
$ 209,900
ROI
26.0Cash Flow/m
364- 3 Bed
- 2 Bath
- 1488 sft
301 Ferry St, Corunna, MI, 48817
$ 174,900
ROI
24.6Cash Flow/m
235- 4 Bed
- 2 Bath
- 1581 sft
2352 N Geeck Rd, Corunna, MI, 48817
$ 299,900
ROI
23.0Cash Flow/m
269- 3 Bed
- 2 Bath
- 1313 sft
4501 N New Lothrop Rd, 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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