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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
$ 165,000
ROI
24.6
Cash Flow/m
224- 3 Bed
- 2 Bath
- 1150 sft
6021 Rustic Rd, Petoskey, MI, 49770
Airbnb Potential
Listed for sale 3 days ago
$ 275,900
ROI
28.3Cash Flow/m
657- 3 Bed
- 1 Bath
- 1291 sft
7198 E Mitchell Rd, Petoskey, MI, 49770
Listed for sale 3 days ago
$ 639,000
ROI
25.7Cash Flow/m
994- 3 Bed
- 2 Bath
- 1842 sft
8715 Curtis Ln, Petoskey, MI, 49770
Listed for sale 6 days ago
$ 250,000
ROI
30.9Cash Flow/m
774- 3 Bed
- 1 Bath
- 1008 sft
112 Fulton St, 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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