Investment Properties for Sale in Norway, MI
Listed for sale 5 days ago
$ 209,900
ROI
31.9
Cash Flow/m
707- 3 Bed
- 2 Bath
- 1901 sft
706 Stephenson St, Norway, MI, 49870
$ 199,900
ROI
31.7Cash Flow/m
663- 4 Bed
- 2 Bath
- 2127 sft
725 Norway St, Norway, MI, 49870
$ 124,900
ROI
24.0Cash Flow/m
148- 2 Bed
- 1 Bath
- 725 sft
728 Saginaw St, Norway, MI, 49870
$ 549,900
ROI
21.9Cash Flow/m
283- 3 Bed
- 3 Bath
- 2948 sft
W5617 River Meadows Ln, Norway, MI, 49870
Why Invest in Norway, Michigan?
Investing in Norway, MI, offers promising opportunities for real estate investors. The city has a solid average ROI of 6.5% combined with a rental yield around 7%. Cap rates remain attractive at approximately 5.5%, supporting steady cash flow. Average rent prices are affordable, making it appealing for renter occupancy which stands near 60%. Additionally, property appreciation has been growing steadily at 3.2%, reflecting a stable market environment.
6.5%
Avg. ROI
7%
Rental Yield
5.5%
Cap Rate
$700/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average return on investment (ROI) in Norway, MI is approximately 6.5%, making it an attractive market for real estate investors.
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