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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
$ 195,000
ROI
32.0
Cash Flow/m
662- 4 Bed
- 1 Bath
- 1700 sft
529 Pewabic St, Laurium, MI, 49913
$ 214,900
ROI
22.0Cash Flow/m
133- 3 Bed
- 2 Bath
- 1581 sft
55779 Hancock St, Laurium, MI, 49913
$ 189,900
ROI
23.1Cash Flow/m
175- 4 Bed
- 2 Bath
- 2449 sft
128 Pewabic St, Laurium, MI, 49913
Airbnb Potential
$ 172,000
ROI
24.6Cash Flow/m
233- 3 Bed
- 2 Bath
- 1654 sft
429 Hecla 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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