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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Onaway, MI
Listed for sale 5 days ago
$ 124,900
ROI
23.7
Cash Flow/m
137- 3 Bed
- 2 Bath
- 950 sft
3456 Miller St, Onaway, MI, 49765
$ 389,000
ROI
29.3Cash Flow/m
1028- 4 Bed
- 2 Bath
- 2626 sft
17314 Cobbs Hwy, Onaway, MI, 49765
$ 274,000
ROI
27.8Cash Flow/m
612- 5 Bed
- 3 Bath
- 2484 sft
7039 Riverbend Dr, Onaway, MI, 49765
$ 198,900
ROI
31.6Cash Flow/m
658- 4 Bed
- 2 Bath
- 2570 sft
19341 N Allis Hwy, Onaway, MI, 49765
Why Invest in Onaway, Michigan?
Investing in single-family homes in Onaway, MI offers a unique opportunity for steady rental income and long-term appreciation. With a growing renter-occupied rate and favorable cap rates, the local market supports strong cash flow for investors. The area's average rental yield and return on investment metrics reaffirm its potential for consistent gains. Access to government data highlights regional economic stability and increasing housing demand that benefits single-family property investments.
7.5%
Avg. ROI
6.2%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Onaway, MI is approximately 6.2%, indicating a solid return relative to property value.
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