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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Presque Isle, MI
Listed for sale 1 day ago
$ 419,000
ROI
20.4
Cash Flow/m
79- 3 Bed
- 2 Bath
- 1560 sft
17561 Grand Lake Blvd, Presque Isle, MI, 49777
Listed for sale 4 days ago
$ 289,900
ROI
21.9Cash Flow/m
175- 3 Bed
- 2 Bath
- 2148 sft
24289 Us Highway 23 S, Presque Isle, MI, 49777
$ 119,900
ROI
23.7Cash Flow/m
130- 1 Bed
- 2 Bath
- 600 sft
19340 Us Highway 23 S, Presque Isle, MI, 49777
$ 162,000
ROI
23.5Cash Flow/m
170- 3 Bed
- 1 Bath
- 922 sft
6471 Laurelhill Cir, Presque Isle, MI, 49777
Why Invest in Presque Isle, Michigan?
Investing in high rental yield properties in Presque Isle, MI offers great potential for steady cash flow and above-average returns. With rental yields around 9%, cap rates close to 7%, and average ROI near 12%, this area is ideal for income-focused investors. The average rent remains affordable at around $850 per month, with solid renter occupancy near 92%. Appreciation in the region is moderate but stable, supporting long-term growth prospects.
12%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$600/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for high rental yield properties in Presque Isle, MI is approximately 9%, making it a strong option for investors seeking cash flow.
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