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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
$ 274,900
ROI
25.3
Cash Flow/m
425- 3 Bed
- 2 Bath
- 1647 sft
48 County Road 510, Negaunee, MI, 49866
Listed for sale 3 days ago
$ 219,900
ROI
27.5Cash Flow/m
472- 3 Bed
- 1 Bath
- 1000 sft
210 Midway Dr, Negaunee, MI, 49866
Listed for sale 3 days ago
$ 209,900
ROI
26.2Cash Flow/m
375- 2 Bed
- 1 Bath
- 879 sft
100 Chippewa Dr, Negaunee, MI, 49866
Fix & Flip
Rental Income
Listed for sale 5 days ago
$ 185,000
ROI
29.7Cash Flow/m
512- 2 Bed
- 2 Bath
- 1134 sft
320 W Peck St, 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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