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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Mio, MI
Listed for sale 3 days ago
$ 289,900
ROI
24.3
Cash Flow/m
369- 2 Bed
- 3 Bath
- 2200 sft
2416 Hoy Rd, Mio, MI, 48647
$ 199,900
ROI
23.6Cash Flow/m
216- 3 Bed
- 2 Bath
- 1295 sft
905 E Helmer Lake Rd, Mio, MI, 48647
$ 175,000
ROI
24.7Cash Flow/m
242- 4 Bed
- 1 Bath
- 1467 sft
601 Pine Ln, Mio, MI, 48647
$ 135,000
ROI
24.2Cash Flow/m
168- 3 Bed
- 2 Bath
- 1056 sft
4358 McKinley Rd, Mio, MI, 48647
Why Invest in Mio, Michigan?
Investing in high rental yield properties in Mio, MI offers a promising opportunity for steady cash flow. This niche market features an average rental yield of 8.2%, which exceeds many regional averages. With an average ROI of 7.5% and an appealing cap rate of 6.0%, investors can expect strong returns. The area also demonstrates a renter occupancy rate above 75%, enhancing income stability. These metrics make Mio a compelling location for focused rental investments.
7.5%
Avg. ROI
8.2%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Investors can expect average rental yields around 8.2% in Mio, MI, which is above regional averages and favorable for steady income.
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