High ROI Investment Properties for Sale in Drummond Island, MI

Property at 31165 S Maxton Rd, Drummond Island, MI
$ 144,500
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign208
  • 2 Bed
  • 1 Bath
  • 1150 sft
31165 S Maxton Rd, Drummond Island, MI, 49726
Property at S Meade Island Rd, Drummond island, MI
$ 129,000
ROI
64.5ROI percentage
Cash Flow/m
Dollar sign1606
  • - Bed
  • 1 Bath
  • - sft
S Meade Island Rd, Drummond island, MI, 49726
Property at 37954 S Cream City Point Rd, Drummond Island, MI
$ 149,000
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign171
  • 1 Bed
  • - Bath
  • 440 sft
37954 S Cream City Point Rd, Drummond Island, MI, 49726
Property at 32377 E Timber Trl, Drummond island, MI
$ 319,000
ROI
22.2ROI percentage
Cash Flow/m
Dollar sign214
  • 3 Bed
  • 3 Bath
  • 1650 sft
32377 E Timber Trl, Drummond island, MI, 49726

Why Invest in Drummond Island, Michigan?

Drummond Island, MI offers promising opportunities for investors focusing on high ROI properties. With a growing rental yield averaging 8%, this market combines affordable property prices with solid cash flow potential. Investors benefit from a cap rate of about 7%, driven by increasing demand for vacation and year-round rentals. The average rent remains competitive at $900 per month, while annual appreciation is steady around 3%. A renter-occupied rate near 65% underscores the strong rental market in this serene island location.

9%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$550/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average ROI for properties focusing on high-return investments in Drummond Island is about 9%, benefiting from strong rental demand and stable appreciation.

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