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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

$ 149,900
ROI
29.2
Cash Flow/m
394- 4 Bed
- 1 Bath
- 1000 sft
20919 Superior St, Onaway, MI, 49765

$ 130,000
ROI
24.1
Cash Flow/m
159- 3 Bed
- 1 Bath
- 1540 sft
3710 9th St, Onaway, MI, 49765

$ 135,000
ROI
31.2
Cash Flow/m
430- 2 Bed
- 1 Bath
- 634 sft
9940 Peninsula Dr, Onaway, MI, 49765

$ 150,000
ROI
23.4
Cash Flow/m
152- 2 Bed
- 1 Bath
- 1200 sft
7297 M 33, 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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