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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

$ 274,000
ROI
27.8
Cash Flow/m
612- 5 Bed
- 3 Bath
- 2484 sft
7039 Riverbend Dr, Onaway, MI, 49765

$ 224,000
ROI
28.5
Cash Flow/m
542- 3 Bed
- 2 Bath
- 1803 sft
2425 S M 211 Rd, Onaway, MI, 49765

$ 198,900
ROI
31.6
Cash Flow/m
658- 4 Bed
- 2 Bath
- 2570 sft
19341 N Allis Hwy, Onaway, MI, 49765

$ 110,000
ROI
24.6
Cash Flow/m
150- 3 Bed
- 1 Bath
- 1503 sft
3864 S Elm St, 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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