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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Norway, MI
Listed for sale 1 day ago
$ 189,900
ROI
23.2
Cash Flow/m
180- 3 Bed
- 1 Bath
- 1840 sft
501 Iron St, Norway, MI, 49870
Listed for sale 2 days ago
$ 135,000
ROI
23.4Cash Flow/m
136- 4 Bed
- 2 Bath
- 1992 sft
707 Walnut St, Norway, MI, 49870
Listed for sale 7 days ago
$ 120,000
ROI
24.0Cash Flow/m
142- 2 Bed
- 1 Bath
- 720 sft
310 Main St, Norway, MI, 49870
$ 155,000
ROI
23.4Cash Flow/m
156- 3 Bed
- 2 Bath
- 1228 sft
717 Section St, 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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