High Yield Properties in Harsens Island, MI (8%+ Yield) | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

High Rental Yield Investment Properties for Sale in Harsens Island, MI

Why Invest in Harsens Island, Michigan?

Investing in rental properties with a high rental yield on Harsens Island, MI offers unique opportunities in a serene lakeside environment. The island combines a solid rental yield of approximately 8.2% with an average ROI of 6.5%, making it attractive for investors seeking steady cash flow. Cap rates around 7.0% indicate healthy profitability, while the average monthly rent of $1,200 supports consistent income streams. Appreciation remains moderate at 3.2%, highlighting a stable market with steady demand from renters, over 60% of housing units are renter-occupied. These metrics reflect Harsens Island's distinctive market dynamics within Michigan's real estate landscape.

6.5%
Avg. ROI
8.2%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.2%
1Y Appreciation

Frequently Asked Questions

The average rental yield on Harsens Island is approximately 8.2%, making it an attractive market for rental property investments.

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