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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Onaway, MI
$ 149,900
ROI
29.2
Cash Flow/m
394- 4 Bed
- 1 Bath
- 1000 sft
20919 Superior St, Onaway, MI, 49765
$ 130,000
ROI
24.1Cash Flow/m
159- 3 Bed
- 1 Bath
- 1540 sft
3710 9th St, Onaway, MI, 49765
$ 135,000
ROI
31.2Cash Flow/m
430- 2 Bed
- 1 Bath
- 634 sft
9940 Peninsula Dr, Onaway, MI, 49765
$ 150,000
ROI
23.4Cash Flow/m
152- 2 Bed
- 1 Bath
- 1200 sft
7297 M 33, Onaway, MI, 49765
Why Invest in Onaway, Michigan?
Investing in Onaway, MI offers unique opportunities in a small city setting with steady rental yields. The local market shows an average ROI of 7%, supported by a cap rate around 6% and an average rental yield near 8%. Onaway's appreciation rate of 2.5% underscores moderate growth, while the city maintains a renter occupancy rate of 55%. Investors can expect average cash flow values aligned with these metrics, making it a stable option for diversified portfolios.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Onaway, MI is approximately 8%, making it a promising market for rental income investors.
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