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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Saint Ignace, MI
$ 259,900
ROI
25.9
Cash Flow/m
444- 3 Bed
- 3 Bath
- 1323 sft
640 W Spring St, Saint Ignace, MI, 49781
$ 134,600
ROI
33.2Cash Flow/m
504- - Bed
- - Bath
- - sft
2915 Mackinac Trl, Saint ignace, MI, 49781
$ 170,000
ROI
23.6Cash Flow/m
184- 4 Bed
- 2 Bath
- 1000 sft
318 Murray St, Saint Ignace, MI, 49781
$ 158,500
ROI
37.2Cash Flow/m
770- 4 Bed
- 1 Bath
- 1353 sft
455 E Gorman Rd, Saint Ignace, MI, 49781
Why Invest in Saint Ignace, Michigan?
Investing in Saint Ignace, MI offers unique opportunities for buyers interested in waterfront and historic properties. The average ROI stands around 8%, supported by a rental yield of 6% and cap rates near 7%. With an average cash flow of $400 per unit and steady appreciation at 3%, investors can expect consistent returns. The renter-occupied rate is approximately 55%, indicating a balanced market with strong rental demand. For those exploring specific filters like vacation rentals, the seasonal tourism significantly boosts income potential.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$400/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Saint Ignace is approximately 6%, making it an attractive market for rental property investors.
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