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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Petersburg, MI
Listed for sale 5 days ago
$ 289,900
ROI
22.6
Cash Flow/m
230- 3 Bed
- 2 Bath
- 1701 sft
8770 Summerfield Rd, Petersburg, MI, 49270
$ 199,500
ROI
27.5Cash Flow/m
428- 3 Bed
- 1 Bath
- 1212 sft
426 Saline St, Petersburg, MI, 49270
$ 239,900
ROI
26.2Cash Flow/m
428- 4 Bed
- 1 Bath
- 1380 sft
19135 Ida Center Rd, Petersburg, MI, 49270
$ 219,900
ROI
29.0Cash Flow/m
567- 3 Bed
- 2 Bath
- 1709 sft
149 Petersburg Rd, Petersburg, MI, 49270
Why Invest in Petersburg, Michigan?
Investing in Petersburg, MI offers a unique opportunity to tap into a growing housing market. With average rental yields near 7% and cap rates around 6.5%, investors can expect solid cash flow. The area's appreciation rate stands steady at approximately 3% annually. Rental demand is strong with renter occupancy close to 65%. This market is ideal for investors looking for moderate risk and consistent returns.
8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$800/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Average rental yields in Petersburg are around 7%, offering competitive returns compared to other Michigan towns.
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