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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 2 days ago
$ 224,000
ROI
24.6
Cash Flow/m
304- 2 Bed
- 1 Bath
- 990 sft
318 N McKenzie Ave, Negaunee, MI, 49866
Listed for sale 5 days ago
$ 199,900
ROI
23.9Cash Flow/m
231- 3 Bed
- 1 Bath
- 1006 sft
52 Midway Dr, Negaunee, MI, 49866
Listed for sale 5 days ago
$ 329,000
ROI
23.4Cash Flow/m
335- 4 Bed
- 2 Bath
- 2050 sft
101 Houghton St, Negaunee, MI, 49866
Listed for sale 6 days ago
$ 229,000
ROI
30.0Cash Flow/m
650- 3 Bed
- 1 Bath
- 1482 sft
406 N Teal Lake Ave, 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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