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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Northport, MI
Listed for sale 7 days ago
$ 430,000
ROI
25.6
Cash Flow/m
703- 3 Bed
- 2 Bath
- 2464 sft
13057 N Cherrywood Ct, Northport, MI, 49670
$ 399,900
ROI
20.5Cash Flow/m
84- 4 Bed
- 3 Bath
- 1432 sft
11510 E Lee Mann Rd, Northport, MI, 49670
$ 334,100
ROI
21.5Cash Flow/m
157- 3 Bed
- 2 Bath
- 1152 sft
9452 N Manitou Trl, Northport, MI, 49670
$ 495,000
ROI
21.8Cash Flow/m
278- 2 Bed
- 3 Bath
- 1696 sft
13613 N Forest Beach Shores Rd, Northport, MI, 49670
Why Invest in Northport, Michigan?
Investing in Northport, MI with a focus on high rental yield properties offers solid returns for real estate investors. The area features an average rental yield of 7%, combined with steady appreciation rates around 3% annually. Cash flow is robust with average monthly rents at $950, supporting an average ROI of 8.5%. The high renter occupancy rate of 92% underscores strong demand, making it an appealing market for rental income seekers.
8.5%
Avg. ROI
7%
Rental Yield
6.3%
Cap Rate
$300/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for high rental yield properties in Northport, MI is approximately 7%, making it a strong market for rental income investors.
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