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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Pelkie, MI
$ 210,000
ROI
21.7
Cash Flow/m
113- - Bed
- - Bath
- 1650 sft
16372 Pelkie Rd, Pelkie, MI, 49958
Fix & Flip
$ 225,000
ROI
27.3Cash Flow/m
471- 3 Bed
- 3 Bath
- 1444 sft
11428 Us Highway 41, Pelkie, MI, 49958
$ 260,000
ROI
27.5Cash Flow/m
561- 4 Bed
- 2 Bath
- 1924 sft
11985 Highway M #38, Pelkie, MI, 49958
Airbnb Potential
$ 200,500
ROI
21.9Cash Flow/m
120- 1 Bed
- 1 Bath
- 824 sft
16728 Short Rd, Pelkie, MI, 49958
Why Invest in Pelkie, Michigan?
Investing in Pelkie, MI offers high ROI opportunities especially in the current market segment. With an average rental yield of 8.5% and cap rates around 7%, investors can expect solid cash flow. The average rent is approximately $850, supporting an average cash flow near $450 per unit monthly. Home appreciation estimates are modest at 3.5% annually, while renter occupancy remains strong at 75%. This market is ideal for investors seeking stable returns in Northern Michigan.
9%
Avg. ROI
8.5%
Rental Yield
7%
Cap Rate
$450/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Pelkie's high ROI is driven by above-average rental yields, stable cap rates, and moderate rent prices combined with low vacancy rates and steady economic growth.
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