High Rental Yield Investment Properties for Sale in Laurium, MI
Listed for sale 2 days ago
$ 199,000
ROI
23.9
Cash Flow/m
227- 5 Bed
- 2 Bath
- 2280 sft
302 Iroquois St, Laurium, MI, 49913
$ 124,900
ROI
24.2Cash Flow/m
154- 3 Bed
- 1 Bath
- 1220 sft
531 Iroquois St, Laurium, MI, 49913
$ 145,000
ROI
23.2Cash Flow/m
140- 3 Bed
- 2 Bath
- 1316 sft
55888 Lake Linden Ave, Laurium, MI, 49913
$ 225,000
ROI
24.7Cash Flow/m
307- 4 Bed
- 1 Bath
- 1825 sft
138 Amygdaloid 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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