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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Saint Ignace, MI
Listed for sale 7 days ago
$ 415,000
ROI
27.7
Cash Flow/m
914- 3 Bed
- 3 Bath
- 3096 sft
280 Church St, Saint Ignace, MI, 49781
$ 369,900
ROI
25.1Cash Flow/m
553- 3 Bed
- 3 Bath
- 1960 sft
N1064 S Boundary Rd, Saint ignace, MI, 49781
$ 165,000
ROI
23.5Cash Flow/m
173- 1 Bed
- 1 Bath
- 608 sft
504 W Bashore Rd, Saint Ignace, MI, 49781
$ 124,000
ROI
23.8Cash Flow/m
139- 1 Bed
- 1 Bath
- 630 sft
380 Church St, 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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