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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
Motivated Seller
Listed for sale 5 days ago
$ 217,000
ROI
31.1
Cash Flow/m
685- 4 Bed
- 2 Bath
- 2036 sft
302 Saginaw St, Norway, MI, 49870
Listed for sale 6 days ago
$ 174,900
ROI
29.5Cash Flow/m
473- 4 Bed
- 3 Bath
- 3092 sft
522 Norway St, Norway, MI, 49870
Listed for sale 6 days ago
$ 130,000
ROI
24.6Cash Flow/m
175- 4 Bed
- 2 Bath
- 1750 sft
715 Brown St, Norway, MI, 49870
$ 189,997
ROI
27.0Cash Flow/m
381- 3 Bed
- 1 Bath
- 1290 sft
434 Chestnut 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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