Investment Properties for Sale in Harsens Island, MI
23- 2 Bed
- 2 Bath
- 1235 sft
126- - Bed
- - Bath
- - sft
242- 3 Bed
- 2 Bath
- 2390 sft
225- 2 Bed
- 1 Bath
- 700 sft
Why Invest in Harsens Island, Michigan?
Investing in Harsens Island, MI offers unique opportunities in waterfront properties with solid appreciation potential. This scenic location shows an average ROI of 6.5% and a cap rate around 5%, making it attractive for rental income seekers. The area's rental yield stands at 7%, supported by a strong renter-occupied rate of 65%. With average cash flow of $1,200 and rents around $1,500/month, investors can benefit from steady demand amid moderate housing supply. Coastal amenities and proximity to Detroit enhance long-term value growth.
Frequently Asked Questions
The rental market on Harsens Island is stable with a strong renter-occupied rate of about 65%, and rental yields around 7%. Limited housing supply keeps vacancy rates low, making it attractive for investors seeking consistent cash flow.
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