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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Laurium, MI
$ 226,000
ROI
24.8
Cash Flow/m
319- 3 Bed
- 2 Bath
- 1518 sft
440 Kearsarge St, Laurium, MI, 49913
$ 228,000
ROI
27.8Cash Flow/m
511- 4 Bed
- 2 Bath
- 1904 sft
447 Kearsarge St, Laurium, MI, 49913
$ 187,500
ROI
23.8Cash Flow/m
211- 3 Bed
- 2 Bath
- 1536 sft
519 Lake Linden Ave, Laurium, MI, 49913
$ 160,000
ROI
42.7Cash Flow/m
1022- 4 Bed
- 2 Bath
- 2113 sft
120 N Pewabic St, Laurium, MI, 49913
Why Invest in Laurium, Michigan?
Investing in Laurium, MI offers promising opportunities for those seeking high rental yield properties. The current rental yield averages around 9%, with a cap rate near 8%, making it appealing for rental income investors. The average ROI sits around 7%, supported by steady rent growth and favorable cash flow conditions in the area. Laurium's renter-occupied rate is approximately 65%, indicating a robust tenant pool. Appreciation rates remain consistent, making it a stable market for long-term investments.
7%
Avg. ROI
9%
Rental Yield
8%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Laurium, MI, for high rental yield properties is approximately 9%, making it an attractive market for rental income investors.
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