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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
Listed for sale 3 days ago
$ 100,000
ROI
23.1
Cash Flow/m
93- 5 Bed
- 1 Bath
- 1466 sft
25828 Lake Linden Ave, Laurium, MI, 49913
$ 155,000
ROI
24.0Cash Flow/m
183- 3 Bed
- 1 Bath
- 1600 sft
116 Woodland Ave, Laurium, MI, 49913
$ 149,900
ROI
29.3Cash Flow/m
399- 2 Bed
- 1 Bath
- 1164 sft
416 S Calumet St, Laurium, MI, 49913
$ 226,500
ROI
30.3Cash Flow/m
663- 3 Bed
- 2 Bath
- 1812 sft
118 Iroquois 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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