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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Mackinac Island, MI
$ 189,500
ROI
25.9
Cash Flow/m
321- - Bed
- 1 Bath
- - sft
21 Pine Cove Ln, Mackinac island, MI, 49757
$ 169,000
ROI
25.4Cash Flow/m
263- - Bed
- 1 Bath
- - sft
2 Cedar Point Ln, Mackinac Island, MI, 49757
$ 215,000
ROI
32.9Cash Flow/m
784- - Bed
- 1 Bath
- - sft
Woodbluff LOT 37, Mackinac Island, MI, 49757
or
Here are some other similar properties you might be interested in:
Listed for sale 6 days ago
$ 100,000
ROI
23.9Cash Flow/m
115- 2 Bed
- 1 Bath
- 1930 sft
16076 Ellsworth St, Detroit, MI, 48227
Fix & Flip
Listed for sale 5 days ago
$ 100,000
ROI
23.7Cash Flow/m
109- 3 Bed
- 2 Bath
- 1296 sft
516 Morrison Ave, Bangor, MI, 49013
Listed for sale 6 days ago
$ 100,000
ROI
24.9Cash Flow/m
143- 3 Bed
- 1 Bath
- 1000 sft
4970 Center St, Fairgrove, MI, 48733
Listed for sale 7 days ago
$ 100,000
ROI
25.0Cash Flow/m
145- 2 Bed
- 1 Bath
- 720 sft
240 25th St N, Springfield, MI, 49037
Fix & Flip
Rental Income
Listed for sale 7 days ago
$ 100,000
ROI
24.3Cash Flow/m
128- 3 Bed
- 1 Bath
- 1485 sft
51 Beckwith Dr, Galesburg, MI, 49053
Listed for sale 7 days ago
$ 100,000
ROI
24.8Cash Flow/m
141- 2 Bed
- 1 Bath
- 1080 sft
26396 Pennie St, Dearborn Heights, MI, 48125
$ 100,000
ROI
4.8Gross Rent Yield
9.3- 3 Bed
- 2 Bath
- 1244 sft
7298 Oak Brook Cir, Portage, MI, 49002
$ 100,000
ROI
24.4Cash Flow/m
129- 2 Bed
- 1 Bath
- 1320 sft
218 S Cherry St, Flushing, MI, 48433
$ 100,000
ROI
24.8Cash Flow/m
140- 2 Bed
- 1 Bath
- 804 sft
2720 Worden St, Norton Shores, MI, 49444
Currently Rented
Rental Income
$ 100,000
ROI
24.8Cash Flow/m
141- 3 Bed
- 1 Bath
- 1208 sft
2118 7th St, Muskegon Heights, MI, 49444
$ 100,000
ROI
23.0Cash Flow/m
91- 2 Bed
- 1 Bath
- 778 sft
22778 Tuscany Ave, Eastpointe, MI, 48021
$ 100,000
ROI
24.6Cash Flow/m
134- - Bed
- - Bath
- - sft
11496 Lakeview Ave NE, Kalkaska, MI, 49646
$ 100,000
ROI
5.6Gross Rent Yield
9.2- 1 Bed
- 1 Bath
- 793 sft
5299 Highland Rd Unit 202, Waterford, MI, 48327
Currently Rented
$ 100,000
ROI
31.5Cash Flow/m
326- 2 Bed
- 2 Bath
- - sft
145 Isbell St, Lansing, MI, 48910
$ 100,000
ROI
24.4Cash Flow/m
130- 2 Bed
- 1 Bath
- 696 sft
12832 Sherman Ave, Warren, MI, 48089
$ 100,000
ROI
24.0Cash Flow/m
117- 3 Bed
- 1 Bath
- 960 sft
26304 Barnes St, Roseville, MI, 48066
$ 100,000
ROI
15.5Gross Rent Yield
9.2- 1 Bed
- 1 Bath
- 596 sft
631 Blue Ash Dr SE, Kentwood, MI, 49548
$ 100,000
ROI
24.9Cash Flow/m
144- 2 Bed
- 1 Bath
- 874 sft
102 Yale St, Battle Creek, MI, 49017
$ 100,000
ROI
24.2Cash Flow/m
123- 2 Bed
- 2 Bath
- 969 sft
1724 Newberry St, Saginaw, MI, 48602
$ 100,000
ROI
24.6Cash Flow/m
135- 2 Bed
- 1 Bath
- 1031 sft
205 Park St, Grayling, MI, 49738
$ 100,000
ROI
23.3Cash Flow/m
98- 2 Bed
- 1 Bath
- 1040 sft
2166 Edgewater St, Monroe, MI, 48162
Fix & Flip
$ 100,000
ROI
24.1Cash Flow/m
122- - Bed
- - Bath
- 1296 sft
3008 N Amber Rd, Scottville, MI, 49454
$ 100,000
ROI
-Cash Flow/m
-- 3 Bed
- 2 Bath
- 1056 sft
4743 Quebec Ave SW, Wyoming, MI, 49519
Currently Rented
Rental Income
$ 100,000
ROI
24.7Cash Flow/m
139- 3 Bed
- 1 Bath
- 929 sft
20158 Riopelle St, Highland Park, MI, 48203
Why Invest in Mackinac Island, Michigan?
Investing in high rental yield properties in Mackinac Island, MI offers attractive cash flow opportunities for vacation rental investors. This unique market benefits from strong seasonal demand and steady appreciation of around 3% annually. The average rental yield here is approximately 8%, supported by growing tourism and limited housing supply. Investors can expect an average ROI near 7% with favorable cap rates close to 6%. Rental occupancy remains robust, with about 75% renter-occupied units providing consistent income streams.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$1400/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The high rental yield is primarily driven by strong seasonal tourism demand, limited housing supply, and consistent occupancy rates during peak visitor months.
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