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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Irons, MI
Listed for sale 6 days ago
$ 124,900
ROI
24.0
Cash Flow/m
148- 1 Bed
- 1 Bath
- 1152 sft
11071 N Gladys Ln, Irons, MI, 49644
$ 229,900
ROI
20.0Cash Flow/m
16- 1 Bed
- 1 Bath
- 1100 sft
8034 N Johnson Rd, Irons, MI, 49644
$ 269,900
ROI
20.8Cash Flow/m
74- 4 Bed
- 2 Bath
- 864 sft
8827 W Elbow Dr, Irons, MI, 49644
Airbnb Potential
$ 205,000
ROI
29.6Cash Flow/m
563- 3 Bed
- 2 Bath
- 1008 sft
8493 W Five Mile Rd, Irons, MI, 49644
Why Invest in Irons, Michigan?
Investing in Irons, MI offers unique opportunities for real estate investors seeking a small-town charm within Michigan. The local market shows steady average rental yields around 6% and cap rates near 7%, making it attractive for long-term holding. The average ROI of 8% reflects moderate property appreciation coupled with stable cash flow potential. Renter occupancy remains above 65%, supported by a community with growing economic prospects. These metrics highlight Irons as a promising location for investors focusing on residential real estate.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Irons is approximately 6%, reflecting steady returns for real estate investors in the area.
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