Single Family Investment Properties for Sale in Onaway, MI
Listed for sale 2 days ago
$ 209,900
ROI
20.9
Cash Flow/m
64- 3 Bed
- 3 Bath
- 1352 sft
21229 Stewart Beach Hwy, Onaway, MI, 49765
$ 149,900
ROI
29.2Cash Flow/m
394- 4 Bed
- 1 Bath
- 1000 sft
20919 Superior St, Onaway, MI, 49765
$ 130,000
ROI
24.1Cash Flow/m
159- 3 Bed
- 1 Bath
- 1540 sft
3710 9th St, Onaway, MI, 49765
$ 135,000
ROI
31.2Cash Flow/m
430- 2 Bed
- 1 Bath
- 634 sft
9940 Peninsula Dr, 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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