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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Ontonagon, MI
$ 219,000
ROI
30.4
Cash Flow/m
651- 3 Bed
- 1 Bath
- 1100 sft
36741 Kujala Rd, Ontonagon, MI, 49953
$ 199,000
ROI
30.8Cash Flow/m
614- 3 Bed
- 2 Bath
- 1800 sft
312 Walnut St, Ontonagon, MI, 49953
Fix & Flip
$ 119,500
ROI
24.8Cash Flow/m
166- 3 Bed
- 1 Bath
- 856 sft
34284 L P Walsh Rd, Ontonagon, MI, 49953
$ 235,000
ROI
30.1Cash Flow/m
677- 4 Bed
- 2 Bath
- 1920 sft
324 Greenland Rd, Ontonagon, MI, 49953
Why Invest in Ontonagon, Michigan?
Investing in single-family homes in Ontonagon, MI offers a unique opportunity for steady rental income and appreciation in a small but growing market. With an average ROI of around 7%, investors can expect solid yields supported by a cap rate near 8%. The rental market shows consistent rental yield at approximately 6.5%, and the average cash flow remains positive, supported by moderate average rents. Ontonagon benefits from a stable renter-occupied rate, making it an attractive location for long-term investment.
7%
Avg. ROI
6.5%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Ontonagon is approximately 6.5%, offering steady income potential for investors.
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