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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
$ 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 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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