High ROI Investment Properties for Sale in Grand Marais, MI
165- 1 Bed
- 1 Bath
- 680 sft
27- 1 Bed
- - Bath
- 576 sft
182- 2 Bed
- 1 Bath
- 862 sft
137- 3 Bed
- 1 Bath
- 1718 sft
-- 3 Bed
- 2 Bath
- 1200 sft
129- 3 Bed
- 1 Bath
- 1210 sft
102- 3 Bed
- 2 Bath
- 1008 sft
119- 2 Bed
- 1 Bath
- 1336 sft
127- 3 Bed
- 1 Bath
- 860 sft
128- 3 Bed
- 1 Bath
- 1043 sft
125- 2 Bed
- 1 Bath
- 1100 sft
104- 2 Bed
- 2 Bath
- 1064 sft
- 2 Bed
- 1 Bath
- 882 sft
-- 1 Bed
- 1 Bath
- 384 sft
140- 3 Bed
- 2 Bath
- 1344 sft
117- 4 Bed
- 2 Bath
- 1188 sft
127- 2 Bed
- 1 Bath
- 1129 sft
117- 3 Bed
- 1 Bath
- 1270 sft
102- 3 Bed
- 1 Bath
- - sft
104- 3 Bed
- 1 Bath
- 960 sft
- 3 Bed
- 2 Bath
- 1248 sft
- 1 Bed
- 1 Bath
- 707 sft
94- 2 Bed
- 2 Bath
- 896 sft
118- 3 Bed
- 2 Bath
- 1360 sft
99- 2 Bed
- 1 Bath
- 804 sft
112- 2 Bed
- 1 Bath
- 780 sft
124- 2 Bed
- 1 Bath
- 660 sft
Why Invest in Grand Marais, Michigan?
Investing in high ROI properties in Grand Marais, MI offers a unique opportunity due to the city's stable rental market and growing tourism sector. The average ROI here is around 8%, supported by rental yields near 7%. Cap rates are attractive at approximately 6%, and investors typically see an average cash flow of $600 monthly. Appreciation rates remain steady at 3%, while renter occupancy is high at about 85%. These metrics reflect a promising environment for savvy real estate investors looking for reliable income and growth in this charming lakeside community.
Frequently Asked Questions
The average ROI for high ROI properties in Grand Marais is around 8%, supported by strong rental yields and stable property values.
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