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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Elwell, MI
$ 144,900
ROI
23.4
Cash Flow/m
145- 3 Bed
- 2 Bath
- 1064 sft
6189 Wildwood Dr, Elwell, MI, 48832
$ 115,000
ROI
23.6Cash Flow/m
124- 4 Bed
- 2 Bath
- 1318 sft
6612 Hillsinger St, Elwell, MI, 48832
$ 133,000
ROI
55.5Cash Flow/m
1325- 6 Bed
- 2 Bath
- 2576 sft
6592 Pingree Rd, Elwell, MI, 48832
$ 239,000
ROI
30.5Cash Flow/m
716- 3 Bed
- 2 Bath
- 1630 sft
10441 Monroe Rd, Elwell, MI, 48832
Why Invest in Elwell, Michigan?
Investing in Elwell, MI offers promising opportunities with a focus on high ROI properties. This locality boasts an average ROI of 7.2%, coupled with a rental yield of 6.5%, making it attractive for rental property investors. The cap rate stands steady at 5.8%, while average cash flow remains solid at $450 monthly. Average rents hover around $900 with consistent appreciation of 3.5%, supported by a renter-occupied rate of 57%. High ROI filters highlight properties with strong income potential in this emerging market.
7.2%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for high ROI properties in Elwell, MI is approximately 7.2%, reflecting solid investment returns in the area.
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