Investment Properties for Sale in Ontonagon, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Investment Properties for Sale in Ontonagon, MI

Property at 725 Parker Ave #1, Ontonagon, MI
$ 175,000
ROI
23.8ROI percentage
Cash Flow/m
Dollar sign199
  • 4 Bed
  • 2 Bath
  • 1200 sft
725 Parker Ave #1, Ontonagon, MI, 49953
Property at Undisclosed State Highway Hwy #M-64, Ontonagon, MI
$ 400,000
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign509
  • 3 Bed
  • 3 Bath
  • 3095 sft
Undisclosed State Highway Hwy #M-64, Ontonagon, MI, 49953
Property at 610 S 4th St, Ontonagon, MI
$ 139,000
ROI
31.7ROI percentage
Cash Flow/m
Dollar sign461
  • 4 Bed
  • 2 Bath
  • 1500 sft
610 S 4th St, Ontonagon, MI, 49953
Property at 217 Mulock St, Ontonagon, MI
$ 160,000
ROI
24.1ROI percentage
Cash Flow/m
Dollar sign195
  • 2 Bed
  • 1 Bath
  • 1000 sft
217 Mulock St, Ontonagon, MI, 49953

Why Invest in Ontonagon, Michigan?

Investing in Ontonagon, MI offers unique opportunities for those looking at small-town real estate markets. With a steady rental yield around 7.5% and average cash flow nearing $750 monthly, rental properties show solid performance. The average cap rate of approximately 8% combined with a consistent appreciation rate of 2% annually highlights growth potential. Renter occupancy remains stable at about 60%, reflecting a balanced rental market. Investors seeking affordable properties with reliable returns will find Ontonagon's market promising.

7.2%
Avg. ROI
7.5%
Rental Yield
8%
Cap Rate
$750/mo
Avg. Cash Flow
$700/mo
Avg. Rent
2%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Ontonagon is approximately 7.5%, which is strong for a small-town rental market.

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