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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Pellston, MI
Listed for sale 1 day ago
$ 384,000
ROI
20.8
Cash Flow/m
107- 3 Bed
- 2 Bath
- 2000 sft
1228 Beckon Rd, Pellston, MI, 49769
$ 297,900
ROI
29.4Cash Flow/m
799- 3 Bed
- 2 Bath
- 1534 sft
6708 Tremble Trl, Pellston, MI, 49769
$ 180,000
ROI
24.5Cash Flow/m
238- 2 Bed
- 1 Bath
- 1169 sft
218 N Park St, Pellston, MI, 49769
$ 110,000
ROI
24.5Cash Flow/m
144- 2 Bed
- 1 Bath
- 1000 sft
6122 Ringler Rd, Pellston, MI, 49769
Why Invest in Pellston, Michigan?
Investing in Pellston, MI real estate offers promising opportunities, especially in properties with high ROI metrics. The town benefits from a solid average return on investment of 8.5%, supported by a strong 7.2% rental yield and a 6.5% cap rate. Average cash flow for rental properties stands at $1200 monthly, with rents averaging $850. Appreciation rates remain steady around 3.1%, while renter-occupied units compose 60% of the market, indicating a strong renter base.
8.5%
Avg. ROI
7.2%
Rental Yield
6.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average return on investment in Pellston is around 8.5%, making it an attractive market for investors seeking solid returns.
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