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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
$ 289,000
ROI
20.6
Cash Flow/m
71- 4 Bed
- 2 Bath
- 2713 sft
W5636 Crescent St, Norway, MI, 49870
$ 149,900
ROI
24.8Cash Flow/m
210- 3 Bed
- 1 Bath
- 1540 sft
423 Brown St, Norway, MI, 49870
$ 365,000
ROI
20.2Cash Flow/m
48- 5 Bed
- 3 Bath
- 2814 sft
529 Norway St, Norway, MI, 49870
$ 219,900
ROI
27.6Cash Flow/m
478- 4 Bed
- 2 Bath
- 1434 sft
1328 6th Ave, 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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