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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Onaway, MI
Listed for sale 1 day ago
$ 150,000
ROI
24.0
Cash Flow/m
177- 6 Bed
- 4 Bath
- 4500 sft
20755 Shaw St, Onaway, MI, 49765
$ 130,000
ROI
24.3Cash Flow/m
165- 3 Bed
- 1 Bath
- 1540 sft
3710 9th St, Onaway, MI, 49765
$ 172,900
ROI
24.8Cash Flow/m
243- 3 Bed
- 2 Bath
- 1080 sft
3966 S Lynn St, Onaway, MI, 49765
$ 199,900
ROI
24.9Cash Flow/m
285- 4 Bed
- 2 Bath
- 1637 sft
9580 S Black River Rd, Onaway, MI, 49765
Why Invest in Onaway, Michigan?
Investing in high-ROI properties in Onaway, MI offers a strategic opportunity for investors looking to maximize rental yields and cap rates. With an average ROI of 8.3%, the market features steady appreciation of 3.2% annually and robust cash flow potential. Rental demand is supported by a renter-occupied rate of 46%, complemented by average rents of $850, making it attractive for long-term income generation. The local economy’s stability further enhances investment confidence in this picturesque Michigan city.
8.3%
Avg. ROI
6.5%
Rental Yield
7.5%
Cap Rate
$350/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average ROI for rental properties in Onaway is approximately 8.3%, reflecting strong rental yields and cap rates relative to similar markets.
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