High Rental Yield Investment Properties for Sale in Onaway, MI
Listed for sale 2 days ago
$ 209,900
ROI
20.9
Cash Flow/m
64- 3 Bed
- 3 Bath
- 1352 sft
21229 Stewart Beach Hwy, Onaway, MI, 49765
$ 149,900
ROI
29.2Cash 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
Why Invest in Onaway, Michigan?
Investing in Onaway, MI offers promising opportunities for high rental yield properties. Known for its affordable housing and steady rental demand, Onaway boasts average rental yields around 10%, with cap rates typically near 7%. Investors can expect an average ROI of about 8%, supported by strong renter occupancy rates over 90%. The local market shows consistent property appreciation, making it a solid choice for both new and seasoned real estate investors.
8%
Avg. ROI
10%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$800/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Onaway, MI is approximately 10%, making it an attractive market for income-focused real estate investors.
Find Your Perfect Investment Property in Onaway, Michigan
Explore investment opportunities by strategy, performance, or property type
