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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Negaunee, MI
Listed for sale 1 day ago
$ 295,000
ROI
22.9
Cash Flow/m
255- 3 Bed
- 2 Bath
- 1297 sft
128 Johnson Rd, Negaunee, MI, 49866
Listed for sale 2 days ago
$ 285,000
ROI
30.4Cash Flow/m
840- 3 Bed
- 2 Bath
- 1544 sft
623 County Rd, Negaunee, MI, 49866
$ 235,000
ROI
31.6Cash Flow/m
775- 3 Bed
- 2 Bath
- 1195 sft
414 Peninsula St, Negaunee, MI, 49866
$ 309,000
ROI
22.8Cash Flow/m
258- 3 Bed
- 2 Bath
- 1337 sft
634 County Rd, Negaunee, MI, 49866
Why Invest in Negaunee, Michigan?
Investing in high rental yield properties in Negaunee, MI offers a great opportunity for stable returns in a growing market. This city boasts an average ROI of 7.5% and a rental yield of 9%, driven by affordability and consistent renter demand. The average cap rate of 8.5% and monthly cash flow near $350 make it attractive for investors focused on durable income streams. With median rent at $850 and renter occupancy above 60%, Negaunee shows strong potential for both short and long-term gains.
7.5%
Avg. ROI
9%
Rental Yield
8.5%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for high rental yield properties in Negaunee, MI is approximately 9%, reflecting strong rental income relative to property values.
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