High Rental Yield 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 with its high rental yield market. This area is attractive to investors seeking stable cash flow and strong cap rates around 7%. Average rents stand at $900 per month, supported by a renter-occupied rate near 60%. The city also shows an average ROI of 8% and steady property appreciation, making it an excellent choice for maximizing returns in Michigan's rental market.
8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$250/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Norway, MI is approximately 7%, making it attractive for investors seeking strong cash flow.
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