High Rental Yield Investment Properties for Sale in Farwell, MI
Airbnb Potential
Listed for sale 4 days ago
$ 229,900
ROI
24.4
Cash Flow/m
295- 3 Bed
- 2 Bath
- 1170 sft
2165 Elkhorn Way, Farwell, MI, 48622
$ 170,000
ROI
28.6Cash Flow/m
420- 2 Bed
- 2 Bath
- 1008 sft
2191 Hemlock Ln, Farwell, MI, 48622
$ 130,000
ROI
23.0Cash Flow/m
119- 2 Bed
- 1 Bath
- 828 sft
640 W Surrey Rd, Farwell, MI, 48622
Fix & Flip
$ 195,000
ROI
23.6Cash Flow/m
206- 2 Bed
- 1 Bath
- 896 sft
6370 Grant Rd, Farwell, MI, 48622
Why Invest in Farwell, Michigan?
Investing in Farwell, MI offers strong opportunities with high rental yield properties. This city features an average ROI of 8%, a cap rate near 7%, and rental yields surpassing 10%, ideal for investors seeking steady cash flow. Average rents hover around $950/month with appreciation rates of 3.5%, supported by a renter-occupied rate of 45%. These metrics reflect a stable rental market influenced by local economic and demographic factors.
8%
Avg. ROI
10.2%
Rental Yield
6.9%
Cap Rate
$500/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Farwell is approximately 10.2%, making it a strong market for income-focused investors.
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