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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Onekama, MI
$ 219,000
ROI
24.2
Cash Flow/m
269- 3 Bed
- 1 Bath
- 1410 sft
8496 Mill St, Onekama, MI, 49675
$ 175,000
ROI
24.9Cash Flow/m
250- 3 Bed
- 1 Bath
- 970 sft
4914 Main St, Onekama, MI, 49675
$ 399,000
ROI
23.2Cash Flow/m
380- 4 Bed
- 2 Bath
- 2197 sft
5094 Samerdar Dr, Onekama, MI, 49675
Rental Income
$ 260,000
ROI
21.3Cash Flow/m
109- 4 Bed
- 3 Bath
- 2125 sft
8377 Zosel St, Onekama, MI, 49675
Why Invest in Onekama, Michigan?
Investing in single-family homes in Onekama, MI offers a unique opportunity for steady rental income combined with moderate appreciation. The local market shows an average ROI of 6.5%, with rental yields around 8% reflecting strong tenant demand. Cap rates remain attractive near 7%, supported by a renter-occupied rate of 55%. Average monthly rents are affordable, averaging $950, generating solid cash flow for investors focused on sustainable growth.
6.5%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Onekama, MI is around 8%, reflecting strong rental demand in the area.
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