High Rental Yield Investment Properties for Sale in Onondaga, MI
Listed for sale 2 days ago
$ 370,000
ROI
21.1
Cash Flow/m
141- 7 Bed
- 3 Bath
- 4040 sft
12011 Hopcraft Rd, Onondaga, MI, 49264
$ 375,000
ROI
20.0Cash Flow/m
29- 4 Bed
- 3 Bath
- 1632 sft
2909 Gould Rd, Onondaga, MI, 49264
$ 265,000
ROI
21.7Cash Flow/m
140- 4 Bed
- 3 Bath
- 2427 sft
3956 Aurelius Rd, Onondaga, MI, 49264
$ 259,000
ROI
31.8Cash Flow/m
871- 3 Bed
- 2 Bath
- 1716 sft
4499 Onondaga Rd, Onondaga, MI, 49264
Why Invest in Onondaga, Michigan?
Investing in Onondaga, MI offers attractive opportunities for high rental yield properties. This area boasts an average rental yield of 9.2%, a cap rate of 7.1%, and a consistent avg ROI of 8.5%, making it appealing for savvy investors. Rental demand is supported by a renter-occupied rate of 38%, with an average rent of $850 contributing to solid cash flow returns. Appreciation rates near 3.8% annually provide potential for value growth alongside income.
8.5%
Avg. ROI
9.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.8%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Onondaga for high rental yield properties is approximately 9.2%, making it an attractive option for investors seeking strong cash flow.
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