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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

$ 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 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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