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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Pellston, MI
$ 339,900
ROI
28.2
Cash Flow/m
795- 4 Bed
- 3 Bath
- 1740 sft
7840 Douglas Lake Rd, Pellston, MI, 49769
$ 306,600
ROI
23.1Cash Flow/m
286- - Bed
- 2 Bath
- 1530 sft
892 Red School Rd, Pellston, MI, 49769
$ 333,250
ROI
34.6Cash Flow/m
1376- 3 Bed
- 3 Bath
- 3618 sft
6075 W Edgar St, Pellston, MI, 49769
$ 229,000
ROI
31.3Cash Flow/m
736- 3 Bed
- 2 Bath
- 1150 sft
394 Townline Rd, Pellston, MI, 49769
Why Invest in Pellston, Michigan?
Investing in Pellston, MI offers strategic opportunities with an average ROI of 6.3%. Known for its steady rental yields around 7.5%, the market supports solid cap rates near 6%. Investors targeting residential properties find average monthly rents of approximately $950 with strong renter occupancy at 58%. Appreciation rates have been favorable around 3.5%, reflecting growing demand in this northern Michigan community. The area's economic stability and tourism contribute to consistent cash flow potential for real estate ventures.
6.3%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$200/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for investments in Pellston is approximately 6.3%, supported by solid rental yields and consistent tenant demand.
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