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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
$ 274,000
ROI
27.8
Cash Flow/m
612- 5 Bed
- 3 Bath
- 2484 sft
7039 Riverbend Dr, Onaway, MI, 49765
$ 224,000
ROI
28.5Cash Flow/m
542- 3 Bed
- 2 Bath
- 1803 sft
2425 S M 211 Rd, Onaway, MI, 49765
$ 198,900
ROI
31.6Cash Flow/m
658- 4 Bed
- 2 Bath
- 2570 sft
19341 N Allis Hwy, Onaway, MI, 49765
$ 110,000
ROI
24.6Cash Flow/m
150- 3 Bed
- 1 Bath
- 1503 sft
3864 S Elm St, 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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