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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Petoskey, MI

Listed for sale 1 day ago
$ 525,000
ROI
22.0
Cash Flow/m
272- 4 Bed
- 2 Bath
- 1820 sft
3914 Lorraine Dr, Petoskey, MI, 49770

Listed for sale 3 days ago
$ 679,000
ROI
21.3
Cash Flow/m
231- 4 Bed
- 3 Bath
- 2948 sft
8649 Tall Timber Ln, Petoskey, MI, 49770

Listed for sale 3 days ago
$ 480,000
ROI
26.0
Cash Flow/m
827- 3 Bed
- 3 Bath
- 2234 sft
826 Surrey Ln, Petoskey, MI, 49770

$ 425,000
ROI
26.6
Cash Flow/m
809- 4 Bed
- 2 Bath
- 1800 sft
338 Boyer Rd, Petoskey, MI, 49770
Why Invest in Petoskey, Michigan?
Investing in single-family homes in Petoskey, MI offers a unique opportunity to capitalize on the city's steady rental demand and strong appreciation rates. The area boasts a stable rental yield complemented by moderate cap rates, providing reliable cash flow for investors. Petoskey's growing local economy and influx of renters contribute to an attractive average ROI. Additionally, the average rent remains competitive, supporting long-term income potential in the single-family segment.
7.2%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$500/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.8%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Petoskey is approximately 6%, offering a steady income stream for investors.
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